Utility Dive•7 days ago
PGE in $1.9B deal to buy PacifiCorp’s Washington utility operations
- •Portland General Electric (PGE) is acquiring PacifiCorp's Washington utility operations in a $1.9 billion deal.
- •The acquisition is projected to create new investment opportunities in system resilience, transmission infrastructure, and clean energy projects.
- •PGE expects to gain new large load customers through this transaction, signaling potential for developers and energy-intensive businesses.
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