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PacifiCorp Settles Wildfire-Related Lawsuit for $150 Million

Nov 19, 20257 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.

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