PacifiCorp

2025 Berkshire Hathaway Shareholder Letter (Greg Abel)

“including PacifiCorp's settlements related primarily to the 2020 Labor Day fires”

Afternoon Session - 2025 Meeting

“Pacific Corp liabilities seem too small to explain this...when we saw what happened in the Pacific Northwest”

Morning Session - 2024 Meeting

“we've got to fundamentally change the culture, not just at Pacific Corp, but across all our utilities”

Morning Session - 2023 Meeting

“when we bought Pacific Corp back in the mid-2000s, we immediately recognized to build a lot of renewable energy... Pacific Corp were in six states.”

2020 Berkshire Hathaway Annual Meeting - Part 2 - Q&A

“We're initiated in 2008 when we bought Pacific Corp. I remember working on that transmission plan, putting it together”

Morning Session - 2009 Meeting

“I'm glad that Pacific Corp has agreed to work with the Native Americans and fishing communities on the West Coast to remove the uneconomic and harmful dams”

2008 Berkshire Hathaway Shareholder Letter

“when we purchased PacifiCorp in 2006, we moved aggressively to expand wind generation. Wind capacity was then 33 megawatts. It's now 794, with more coming.”

2008 Berkshire Hathaway Shareholder Letter

“When MidAmerican proposed its purchase of PacifiCorp in 2005, regulators in the six new states we would be serving”

Morning Session - 2008 Meeting

“one of your subsidiaries, Pacific Corps, has dams on the Klamath River that are creating toxic algae blooms”

Morning Session - 2008 Meeting

“other than Pacific Corp, there are, at least four different directions in which people think this process should go”

Morning Session - 2008 Meeting

“Pacificorp is not adding anything, the water is flowing through Pennstocks, creating electricity and coming out the rear end, and it did so under a 50-year FERC license.”

Buffett addresses the Klamath Dam controversy

“four lower hydroelectric dams owned by your subsidiary Pacific Corps. People back home are eagerly waiting for me to bring a response back from you.”

Afternoon Session - 2007 Meeting

“the four lower hydroelectric dams owned by your subsidiary Pacific Corps. We personally took a 95% hit in our income”

Afternoon Session - 2007 Meeting

“Your subsidiary company, Pacific Corps, owns dance on our river. Mr. Buffett, I know you care very much about humanity and ethical business.”

Afternoon Session - 2007 Meeting

“when we bought Pacific Corp, we had to, to Walter Scott and I both signed affidavits as part of the acquisition of Pacific Corp”

2006 Berkshire Hathaway Shareholder Letter

“We began 2006 by completing the three acquisitions pending at yearend 2005, spending about $6 billion for PacifiCorp, Business Wire and Applied Underwriters.”

Morning Session - 2006 Meeting

“we spent about $3.5 billion on Pacific Corp. We contracted for it a year earlier”

2005 Berkshire Hathaway Shareholder Letter

“MidAmerican Energy, our 80.5% owned subsidiary, agreed to buy PacifiCorp, a major electric utility serving six Western states.”

2005 Berkshire Hathaway Shareholder Letter

“When our PacifiCorp acquisition closes, we will add 1.6 million electric customers in six Western states”