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1. www.ft.com › content › 550bc3c4-855a-4f5a-8b1c-cBerkshire after Buffett: prized energy business faces upheaval

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   May 3, 2024 · The scale of the potential financial threat tied to climate change was laid bare last summer when an Oregon jury found PacifiCorp, the largest electric utility owned by Berkshire, liable for...

   • Author: Myles Mccormick

2. apnews.com › article › wildfires-pacificorpUS government may sue PacifiCorp, a Warren Buffett utility ...

   apnews.com › article › wildfires-pacificorp

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   Feb 26, 2024 · The U.S. government is threatening to sue PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway, to recover nearly $1 billion in costs related to the 2020 wildfires in southern Oregon and northern California, though the company is trying to negotiate a settlement.

3. en.wikipedia.org › wiki › PacifiCorpPacifiCorp - Wikipedia

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   PacifiCorp is an electric power company in the western United States. PacifiCorp has two business units: Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington.

4. www.reuters.com › business › environmentWarren Buffett's PacifiCorp reaches $150 million wildfire ...

   www.reuters.com › business › environment

   19 hours ago · PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway , agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that devastated parts of Oregon ...

5. www.reuters.com › business › environmentJury finds Berkshire's PacifiCorp unit liable in 2020 Oregon ...

   www.reuters.com › business › environment

   Jun 12, 2023 · June 12 (Reuters) - An Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett's Berkshire Hathaway Inc (BRKa.N), liable in a $1.6 billion class action lawsuit over four of...

6. news.bloomberglaw.com › environment-and-energyPacifiCorp Reaches $150 Million Settlement Over California Fire

   news.bloomberglaw.com › environment-and-energy

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   20 hours ago · Settlement resolves substantially all individual claims ties to the Slater wildfire, PacifiCorp said. US Forest Service had determined the the fire was caused by downed power lines operated by PacifiCorp. Slater fire burned more than 157,000 acres, destroyed about 440 structures and killed two people.

7. People also ask

   Where is PacifiCorp located?

   • PacifiCorp is an electric power company in the western United States . PacifiCorp has two business units: Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington.

   PacifiCorp - Wikipedia

   en.wikipedia.org/wiki/PacifiCorp

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   Who owns PacifiCorp?

   • PacifiCorp is a unit of Berkshire Hathaway Energy, which is 92% owned by Berkshire Hathaway, the Omaha, Nebraska-based conglomerate run by Buffett since 1965. Buffett said in his Feb. 24 annual letter to Berkshire shareholders that he "made a costly mistake" in not anticipating the financial risks from wildfires.

   Warren Buffett's PacifiCorp reaches $150 million wildfire settlement

   www.reuters.com/business/environment/warren-buffetts-pacificorp-reaches-150-million-wildfire-settlement-2024-06-24/

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   Is PacifiCorp liable for wildfires?

   • The scale of the potential financial threat tied to climate change was laid bare last summer when an Oregon jury found PacifiCorp, the largest electric utility owned by Berkshire, liable for causing a series of deadly wildfires in 2020 by failing to shut off power lines.

   Berkshire after Buffett: prized energy business faces upheaval

   www.ft.com/content/550bc3c4-855a-4f5a-8b1c-c52219dec204

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   Where are MidAmerican Energy and PacifiCorp located?

   • MidAmerican Energy: Based in Iowa, the electric and natural gas utility has 1.6mn customers in states including Iowa, Illinois, South Dakota and Nebraska. PacifiCorp: Headquartered in Portland, Oregon, the electric utility has more than 2mn customers across Utah, Oregon, Wyoming, Washington, Idaho and California.

   Berkshire after Buffett: prized energy business faces upheaval

   www.ft.com/content/550bc3c4-855a-4f5a-8b1c-c52219dec204

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   Where is pacifi power located?

   • It gradually expanded its reach to include most of Oregon, as well as portions of California, Washington and Wyoming. In 1984, it reorganized itself as a holding company, PacifiCorp, headquartered in Portland with Pacific Power as its main subsidiary.

   PacifiCorp - Wikipedia

   en.wikipedia.org/wiki/PacifiCorp

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   Is PacifiCorp owned by Berkshire Hathaway?

   • Since 2006, PacifiCorp has been a wholly owned subsidiary of Berkshire Hathaway Energy (formerly MidAmerican), itself an affiliate of Berkshire Hathaway . In a July 2006 reorganization, Pacific Power's territory in central and eastern Wyoming was merged with the Utah Power territory to form Rocky Mountain Power.

   PacifiCorp - Wikipedia

   en.wikipedia.org/wiki/PacifiCorp

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8. uk.finance.yahoo.com › news › warren-buffettsWarren Buffett's PacifiCorp reaches $150 million wildfire ...

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   1 day ago · PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that devastated parts of Oregon and northern California. The settlement announced on Monday resolves substantially all claims in northern California related to the Slater Fire, which burned approximately 157,000 acres (63,536 ...