EDITORS: Please do not use
"Pacific Gas and Electric" or "PG&E" when
referring to PG&E Corporation or its National Energy Group.
The PG&E National Energy Group is not the same company as Pacific
Gas and Electric Company, the utility, and is not regulated by the
California Public Utilities Commission. Customers of Pacific Gas
and Electric Company do not have to buy products or services from
the National Energy Group in order to continue to receive quality
regulated services from Pacific Gas and Electric Company.
MAKES DONATION TO BONNEVILLE ENVIRONMENTAL FOUNDATION
Portland, Ore - PG&E Corporation
has committed $15,000 to the Bonneville Environmental Foundation
(BEF) to promote development of new sources of renewable energy
and restoration of damaged watersheds.
"We are pleased to welcome
PG&E Corporation as a new corporate partner," said Angus Duncan,
president of the Foundation. "This donation acknowledges that BEF
is making a difference - developing new sources of clean energy,
such as Solar Ashland, and supporting projects that are improving
many watersheds across the four Northwest states."
"PG&E Corporation is a long-time
supporter of developing renewable energy resources, and we recognize
the importance of restoring watersheds throughout the Pacific Northwest,"
said Sandra McDonough, Vice President, external Affairs for PG&E
Corporation's National Energy Group - West Region.
"We have been a part of
the Northwest community for over 40 years. We have customers here,
and we have employees who live and work here. This donation to BEF
is an outstanding way for us to support clear air and healthy watersheds
while advancing the market for 'green' electric generation options."
BEF was founded in 1998
to generate revenue from the sale of environmentally endorsed "green
power" to utilities and corporations. The Foundation uses the net
revenues from these sales to fund new renewable energy resources
and watershed restoration projects in the Pacific Northwest.
Working with BPA and other
suppliers, and with supporting environmental groups, BEF has completed
transactions involving the sale of some 23 average Megawatts (23,000
kilowatts) of green power since its inception in 1998. In its first
18 months, BEF has generated more than $2.5 million in net revenues
available for such projects.
PG&E Corporation, with revenues
of more than $20 billion and operations in 21 states, markets energy
services and products throughout North America through its National
Energy Group. The Corporation has ownership and management interests
in more than 30 power plants and recently broke ground on an 11.5-megawatt
merchant wind project in Madison, N.Y. It also owns and operates
important facilities in the Pacific Northwest, including the 478-megawatt
Hermiston Generating Plant and a 612-mile natural gas transmission
pipeline, which traverses Oregon, Washington and Idaho.