PGE in $1.9B deal to buy PacifiCorp’s Washington utility operations

This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Portland General Electric is in a $1.9 billion deal with a partner to buy PacifiCorp’s utility operations in Washington, the companies said Tuesday. PGE, the largest utility in Oregon, expects the transaction will increase its customer base by 15%, to about 1.1 million customers, and its 2026 rate base by 18%, to $9 billion, according to a company presentation. Pacif ...