ORLANDO, Fla., March 4 /PRNewswire/ -- When the first train left Siemens Energy's new rail yard at the Fort Madison blade factory earlier this week, it signaled a more reliable, greener and cost-effective method of transporting blades across the U.S.

Portland General Electric Company (NYSE:POR) today reported that net income was zero for the third quarter of 2008 compared to $20 million, or $0.32 per diluted share, for the third quarter of 2007.

Portland General Electric Company (NYSE:POR) today reported net income of $39 million, or $0.63 per diluted share, for the three months ended June 30, 2008, compared to $46 million, or $0.73 per diluted share, for 2007.

A 909-megawatt wind farm has been approved for a site certificate by the Oregon Energy Facility Siting Council. The Shepherds Flat Wind Farm will be located in Gilliam and Morrow counties and will double the state's current wind operating capacity of 889 megawatts.

Portland General Electric Company has reported net income of $28 million, or $0.44 per diluted share, for the first quarter of 2008, compared to $55 million, or $0.88 per diluted share, for the same period of 2007.