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...The costs centre on PacifiCorp, a utility that serves six western states including Oregon and California....
...Share moves to note on the New York Stock Exchange include Berkshire Hathaway, Domino’s Pizza and Alcoa: Warren Buffett’s Berkshire Hathaway dipped 0.9 per cent after it said its electric utility PacifiCorp...
...Berkshire Energy’s PacifiCorp is facing, in the worst case, tens of billions of dollars in civil liability for the alleged role its equipment played in multiple wildfires that raged in California and Oregon...
...TerraPower and its utility partner PacifiCorp — a unit of Warren Buffett’s Berkshire Hathaway — said in October 2022 that they would study the feasibility of deploying another five Natrium reactors by 2035...
...One of its biggest is PacifiCorp, and it has operations in Oregon, Washington and California. And in 2020 and 2022, there were a number of wildfires that caused hundreds of thousands of acres to burn....
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
...PacifiCorp, a utility owned by investor Berkshire Hathaway, recently lost a lawsuit over a 2020 wildfire. It could be on the hook for several billions of dollars in claims....
...The Berkshire unit facing the wildfire litigation, PacifiCorp, has a problem in common with many US utilities: how to fund potentially giant payouts if they’re found liable in future disasters....
...Berkshire-owned electric utility PacifiCorp warned that it was facing claims of more than $7bn related to 2020 wildfires in the states of Oregon and California, had “probable losses” of $1bn and could incur...
...Its electric utility PacifiCorp has faced litigation over 2020 fires that destroyed thousands of homes and burnt more than half-a-million acres of land in Oregon....
...Abel has been deeply involved in Berkshire’s $5.1bn purchase of PacifiCorp in 2005, its $10.4bn acquisition of Nevada utility NV Energy in 2013 as well one of the company’s most recent deals: the $8bn buyout...
...PacifiCorp provides power in six US states that are often at odds over energy and environmental policy....
...Buffett-backed PacifiCorp: the literal canary in the coal mine America’s coal heartland is turning up the heat on PacifiCorp, an electric utility owned by Warren Buffett’s, below, Berkshire Hathaway....
...(FT) Warren Buffett’s power company under fire for coal plant closures PacifiCorp, an electric utility owned by Warren Buffett’s Berkshire Hathaway, is facing criticism for accelerating plans to install...
...The oil fund owned $164m in bonds in Berkshire Hathaway Energy as of the end of last year, $129m in PacifiCorp, $43m in Tri-State, and $33m in MidAmerican....
...As of the end of 2017, it owned $164m in bonds in Berkshire Hathaway Energy, $129m in PacifiCorp, $43m in another US electricity seller Tri-State Generation and Transmission that it has sold out of, and...
...PacifiCorp, an Oregon-based utility that is also a Berkshire Hathaway unit, has been able to operate coal-fired power plants less since joining the market in 2014, says Joe Hoerner, its vice-president of...
...Berkshire Hathaway’s PacifiCorp utility in Oregon has been constructively suggesting that California should more formally join its grid management with those of other western states....
...Meanwhile, the holding company for Mr Buffett’s utilities, including MidAmerican Energy and PacifiCorp, was this year renamed Berkshire Hathaway Energy to reflect, it said at the time, “the benefits we gain...
...The NV Energy acquisition resembles MidAmerica’s deal for PacifiCorp exactly eight years ago. Mr Buffett paid $9.4bn for that utility. Its focus was the Pacific Northwest and the Rockies....
...Before joining AstraZeneca, Mr Lowth spent four years at Scottish Power, becoming the group’s finance director and working on its sale of PacifiCorp....
...Donors from outside the oil industry have included FedEx, Altria, Syngenta and PacifiCorp....
...The issuance calendar is skewed to highly rated companies in predictable businesses such as utilities and telecoms, such as this week’s $1bn offering from PacifiCorp, an electric utility whose parent is...
...Questioners representing west coast salmon fishermen and Yurok and Karuk tribes from nearby states movingly asked him to intervene over the environmental sins, as they saw it, of PacifiCorp, a utility acquired...
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