Portland General Electric acquires PacifiCorp

Portland General Electric agreed to acquire PacifiCorp. Reported deal value: $1.9B. Status: Pending. Sector: Utilities. Target headquarters context: Portland, Oregon, United States.

This page summarizes publicly available information about the transaction as of 2026-02-18. Figures and status may change as filings and press coverage update.

Yesterday at 5: 49 PM Portland General Electric Expands Into Washington With $1.9 Billion PacifiCorp Acquisition Portland General Electric Company announced it has agreed to acquire select Washington state generation, transmission, and electric utility operations from PacifiCorp for $1.9 billion, a transaction representing a purchase price multiple of 1.4x the estimated 2026 rate base