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PacifiCorp Settles Wildfire-Related Lawsuit for $150 Million
Nov 19, 2025•7 months ago
Contract Type
settlement_agreement
OregonEnergyOil And GasUtilities
Description
On November 17, 2025, PacifiCorp executed a settlement term sheet totaling $150 million with 1,434 individual plaintiffs associated with the 2020 Wildfires in Oregon. This settlement follows a jury verdict in June 2023 which found the company grossly negligent. A subset of the plaintiffs was also granted the opportunity for substitution of lead counsel.
Company Information
Company
PacifiCorp
Location
825 Northeast Multnomah Street
Oregon, United States
About
PacifiCorp is a major electric utility in the United States, providing electricity to customers in the Pacific Northwest. The company plays a crucial role in energy supply in the region and has been involved in managing energy resources and responding to legislative and environmental challenges. PacifiCorp is currently facing significant legal battles related to its operations, particularly concerning wildfires. The utility company aims to enhance its protocols to prevent future incidents while addressing ongoing legal disputes.