Portland prepared to enter secret deal with Portland General Electric

Portland has two dams at the Bull Run drinking water reservoir, where a hydroelectric facility generates power.( Portland is considering putting taxpayer dollars at risk to sell hydroelectric power, and it won’t tell the public exactly how much it stands to make — or lose — from the arrangement. The city council will review a proposal Wednesday under which Portland General Electric would buy power from the city for more…

Cycling company Rapha, with US headquarters in Portland, sells to Walmart heirs

This pastel shade of pink has become synonymous with the Rapha brand. Here, a Rapha rider grabs a snack. ( , a high-end cycling gear company with its North American headquarters in Portland, has sold a majority stake to RZC Investments, a private equity firm led by Walmart heirs Steuart and Tom Walton. The sale, announced Tuesday, shifts the company’s majority ownership from a group of founder shareholders, including lead…

Sick of Portland Changing? Too Bad. Here Are 7 Places Where This City Could Soon Go Big.

Sick of Portland Changing? Too Bad. Here Are 7 Places Where This City Could Soon Go Big. (Rosie Struve) The horizon is thick with cranes: 32 at last count, more than all but four other U.S. cities. As many as 10,000 hardhat jobs remain unfilled, The Oregonian reported last month. Developers will add a projected 6,500 apartments to the metro area this year. A handful of large-scale projects are expected…