0000784977 false 0000784977 2020-08-24 2020-08-24 0000784977 us-gaap:CommonStockMember 2020-08-24 2020-08-24 0000784977 us-gaap:MediumTermNotesMember 2020-08-24 2020-08-24

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM | 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 24, 2020

PORTLAND GENERAL ELECTRIC COMPANY |  |
(Exact name of registrant as specified in its charter) |  |
Oregon | 001-5532-99 | 93-0256820
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.)

121 SW Salmon Street, Portland, Oregon 97204
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (503) 464-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:

(Title of class) | (Trading Symbol) | (Name of exchange on which registered)
Common Stock, no par value | POR | New York Stock Exchange
9.31% Medium-Term Notes due 2021 | POR 21 | New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 7.01 Regulation FD Disclosure.
On August 24, 2020, Portland General Electric Company (“PGE” or the “Company”) issued a press release providing a business update in connection with energy trading activity in certain markets that has resulted in material realized and unrealized losses affecting the Company's results of operations. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
In connection with the press release, PGE posted investor materials which included a business update to its investor relations website. A copy of such investor materials is furnished as Exhibit 99.2. The Company has also included a copy of PGE's business update e-mail communication to employees furnished as Exhibit 99.3 and the accompanying employee frequently asked questions (FAQ) document furnished as Exhibit 99.4. Such exhibits are incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.

(d) |  | Exhibits.
99.1 |  | Press Release Issued by Portland General Electric Company dated August 24, 2020.
99.2 |  | Portland General Electric slides dated August 24, 2020.
99.3 |  | Portland General Electric E-mail to Employees.
99.4 |  | Portland General Electric Employee Frequently Asked Questions (FAQ).
104 |  | Cover page information from Portland General Electric Company’s Current Report on Form 8-K filed August 24, 2020, formatted in iXBRL (Inline Extensible Business Reporting Language).

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

|  |  |  | PORTLAND GENERAL ELECTRIC COMPANY
|  |  |  | (Registrant)
Date: | August 24, 2020 |  | By: | /s/ Maria M. Pope
|  |  |  | Maria M. Pope
|  |  |  | President and Chief Executive Officer

2