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acquisitionAnnounced · Feb 17, 2026UtilitiesSource · CredibleArticle · Factual
Portland General Electric acquires PacifiCorp
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$1.9B
Target
PacifiCorp
PPWLM · Portland, Oregon
Acquirer
Portland General Electric
Full Acquisition
Status
Announced
Portland General Electric agreed to acquire PacifiCorp. Reported deal value: $1.9B. Status: Announced. Sector: Utilities. Target headquarters context: Portland, Oregon, United States.
This page summarizes publicly available information about the transaction as of 2026-02-17. Figures and status may change as filings and press coverage update.
Portland General Electric Company today announced an agreement to acquire select Washington state generation, transmission and electric utility operations from PacifiCorp for $1.9 billion , representing a purchase price multiple of 1.4x estimated 2026 rate base
Deal timeline
Announced
Feb 17, 2026 · prnewswire.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Utilities with a reported deal value of $1.9B. Figures and status may change as sources update.
Sources: prnewswire.com · Primary article · FireStrike proprietary index