The city of Portland and General Electric signed an agreement aimed at helping to build a sustainable economy for the city by focusing on energy efficiency, distributed power generation and job creation by local businesses.
The MOU lays out specific collaborative projects, along with a schedule of management meetings to track and measure project progress.
"Our work together will serve as a model for future public-private partnerships in other cities across the country looking to boost local job creation."
"The signing of today's MoU is a milestone in our efforts to move forward aggressively on our city's economic development strategy and our climate action plan," said Mayor Adams.
GE will partner with Portland to:
- Engage with local companies to help them develop and expand into new markets via global product licensing;
- Implement residential and commercial energy efficiency retrofits, develop EcoDistricts throughout the city, and work toward the completion of the world-
leading Oregon Sustainability Center;
- Explore city finance needs via municipal, state and GE resources.
