Administration June 2, 2004
Enron Completes PGE Sale
February 6, 2004 (PLANSPONSOR.com)A federal
bankruptcy judge Thursday approved Enron Corp's sale of
Portland General Electric (PGE) to an investment group headed
by a former Oregon governor Neil Goldschmidt, after Enron
agreed to put the $2.3 billion in sale proceeds into an
interest-bearing account to cover its share of pension
losses.
Reported by Alison Cooke