PacifiCorp
Energy Company
Spotlight on Nish at Standard Life...fund acquiror, two years ago. Mr Nish lost his job at ScottishPower after the decision to sell Pacificorp, its US division responsible for 40 per cent of profits, to Warren Buffett, the billionaire investor. With the spectre of... In this article: Standard Life, ScottishPower, Balance sheet, Recession, Financial Services Authority, and Punter |
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MarketWatch | November 03, 2009
Rail deal is double that of Buffett's next biggest
...Northern, and why a Yankees win is good for the economy. Buffett bought PacifiCorp, a leading electricity provider in the U.S. Northwest, through his MidAmerican Energy unit. MidAmerican, and its place in the energy and power...
In this article: Warren Buffett, MidAmerican Energy, Derivative, Burlington Northern Santa Fe Corp., General Re, Berkshire Hathaway Inc., American International Group Inc., and Coal
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www.washingtonpost.com | April 27, 2008
Buffett, Munger will again field shareholders' questions
...in an affidavit submitted to Oregon utility regulators. Berkshire shareholders will also be looking for more details about the company's plan to replace the 77-year-old Buffett. Andy Kilpatrick, the stockbroker-author of "Of Permanent...
In this article: Warren Buffett, Charlie Munger, Berkshire Hathaway Inc., Oregon, and Natural gas
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Miami Herald | September 30, 2009
Utility agrees to terms removing Klamath dams
...this negotiated final settlement, then we will join with them and all the other stakeholder groups that may choose to sign the agreement," PacifiCorp Chairman and CEO Greg Abel said in a statement. The utility serves 1.6 million customers...
In this article: California, Oregon, Klamath River, Klamath Basin, Potato, and Cattle
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L.A. Times - Environment | September 30, 2009
Utility agrees to removal of 4 Klamath River dams
...requirements for the dams, the oldest of which dates to 1918. "As a utility, we don't typically take dams out," said Dean Brockbank, PacifiCorp's lead negotiator. "We have achieved an agreement that is in the best interest of our...
In this article: Klamath River, California, Klamath Basin, Oregon, and Sacramento
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BusinessWeek Online | March 06, 2009
Money Report: Buffett Watching, First Solar's Flare, Sinking Yields
...Berkshire's stock lost nearly half its value. But after Buffett shelled out $5.1 billion in cash to buy utility PacifiCorp in 2006, the shares jumped more than 55% over the next two years. Says Mark Hirschey, business professor at the...
In this article: Warren Buffett, First Solar, Berkshire Hathaway, Ice cream, Revenue, Malaise, Investment Company Institute, University of Kansas, and General Re
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www.washingtonpost.com | January 30, 2007
U.S. Orders Modification of Klamath River Dams
...generation and regards the dams as "an extremely valuable resource." Buffett, whose holdings include PacifiCorp, is a major shareholder in The Washington Post. In the six Western states where PacifiCorp sells electricity, the company...
In this article: Klamath River, Warren E. Buffett, Oregon, California Energy Commission, Interior Department, California, and United States
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Description from Wikipedia:
PacifiCorp is an electric power company in the northwestern United States.
PacifiCorp has three primary subsidiaries:
# Pacific Power is a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington.
# Rocky Mountain Power is a regulated electric utility with service territory throughout Utah, Wyoming, and southeastern Idaho.
# PacifiCorp Energy operates 69 generation facilities in the six states that Pacific Power and Rocky Mountain Power operate in, plus two facilities in Montana, three in Colorado, and one in Arizona.
Since 2006, PacifiCorp has been a wholly owned subsidiary of MidAmerican Energy Holdings Company, itself an affiliate of Berkshire Hathaway. In 2001, PacifiCorp was purchased by Scottish Power, but later sold to MidAmerican.
PacifiCorp is currently headquartered at 825 N.E. Multnomah Street, Portland, Oregon, in the Lloyd District. Pacific Power is also headquartered in the same building. Rocky Mountain Power and PacifiCorp Energy are headquartered in Salt Lake City, Utah.
Pacific Power and Rocky Mountain Power combined serve over 1.4 million residential customers, 202,000 commercial customers, and 34,000 industrial and irrigation customers - for a total of approximately 1,668,000 customers. The service area is 136000 sqmi. Pacific Power and Rocky Mountain Power own and maintain 15622 mi of long distance transmission lines, 43850 mi of overhead distribution lines, 14510 mi of underground distribution lines, and 900 substations.
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