Berkshire Hathaway's electric utility, PacifiCorp, has secured a court victory that could reduce its liability for wildfire damages by $1 billion or more.

S&P Global Ratings is reviewing Berkshire Hathaway-owned utility PacifiCorp for a potential downgrade to junk status, citing increased liabilities and costs associated with wildfires.

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.

PacifiCorp, a utility owned by Berkshire Hathaway, has secured a favorable court ruling that could significantly reduce its liability for wildfire damages in Oregon.

An Oregon jury has ordered PacifiCorp to pay $305 million to wildfire victims in the latest class-action verdict against the utility.

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.

Berkshire-owned utility PacifiCorp has secured a legal ruling that could significantly reduce its liability for damages from Oregon wildfires.

Berkshire Hathaway's utility, PacifiCorp, has been ordered to pay an additional $305 million in the latest Oregon wildfire verdict.

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