PacifiCorp has agreed to pay $575 million to resolve federal government claims related to wildfires in Oregon and California, addressing the utility's liability in the devastating blazes.

Portland General is set to purchase PacifiCorp’s assets in Washington for $1.9 billion.

Portland General is set to acquire PacifiCorp's assets in Washington for $1.9 billion.

Berkshire Hathaway's utility subsidiary, PacifiCorp, is set to pay a $575 million settlement to the U.S. government for wildfire-related claims.

Portland General is set to purchase PacifiCorp’s assets in Washington for $1.9 billion.

Portland General Electric has released its fiscal year numbers, which show a mixed performance.

PGE has announced a $1.9 billion deal to purchase PacifiCorp’s utility operations in Washington state.