Enron may decide to hold on to Portland General Electric if a controversial agreement to sell the subsidiary to Northwest Natural Gas falls apart. Enron, entangled in the biggest corporate bankruptcy in U.S. history, hasn't ditched plans to sell PGE to Portland-based NW Natural, but it has confirmed that a restructuring plan, to be designed to bring a smaller, financially sound company out of bankruptcy, likely could include PGE (The Oregonian, 3/1).
March 07, 2002