Renewable Energy World

Portland General Electric Acquires $1.9B Worth of Utility Operations and Assets From PacifiCorp

Portland General Electric (PGE) announced a $1.9 billion acquisition of utility operations and assets from PacifiCorp. The deal encompasses transmission lines, generation facilities, and related infrastructure across the Pacific Northwest. PGE expects the purchase to add roughly 200,000 new customers and expand its renewable‑energy footprint. Completion remains subject to approval by the Oregon Public Utility Commission and other regulators.