Acquiring Company
Portland General Electric
Acquired Company
PacifiCorp
PortlandPortlandEnergyRenewable EnergyEnergyOil And GasUtilitiesDescription
Portland General Electric Company has announced its agreement to acquire select Washington state utility operations from PacifiCorp for $1.9 billion. This acquisition will enhance PGE's commitment to reliability and customer service for approximately 140,000 customers in Washington. PGE aims for operational excellence while managing the acquired assets through a newly formed subsidiary. The deal is expected to close 12 months after regulatory review.
Quick answer
Portland General Electric is acquiring PacifiCorp, announced February 17, 2026. Portland General Electric is based in Portland, Oregon, United States.
- How much did Portland General Electric pay for PacifiCorp?
- The deal value was not disclosed.
- What does Portland General Electric do?
- Portland General Electric (NYSE: POR) is a fully integrated energy company that generates, transmits and distributes electricity to over 900,000 customers in 51 cities across the state of Oregon.
- Where are Portland General Electric and PacifiCorp based?
- Portland General Electric is based in Portland, Oregon, United States. PacifiCorp is based in Portland, Oregon, United States.
- Who are the decision-makers at Portland General Electric?
- Fundz holds 2 contacts at Portland General Electric. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Portland General Electric, and when
When Portland General Electric changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Portland General Electric raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Portland General Electric, from your own LinkedIn network
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Related People
Frequently asked
Who acquired PacifiCorp?
PacifiCorp was acquired by Portland General Electric, based in Portland. The deal was reported on February 17, 2026. Portland General Electric (NYSE: POR) is a fully integrated energy company that generates, transmits and distributes electricity to over 900,000 customers in 51 cities across the state of Oregon. Portland General Electric is publicly traded (POR) and operates in Energy.
When did Portland General Electric acquire PacifiCorp?
Portland General Electric's acquisition of PacifiCorp was reported on February 17, 2026. Portland General Electric Company has announced its agreement to acquire select Washington state utility operations from PacifiCorp for $1.9 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PacifiCorp do?
PacifiCorp is a major electric utility in the United States, providing electricity to customers in the Pacific Northwest. It is privately held, operating in Energy, and is based in Portland.
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