July 13, 2014 10:06 AM ET

Electric Utilities

Company Overview of PacifiCorp

Company Overview

PacifiCorp, together with its subsidiaries, operates as a regulated electric utility company in the United States. The company owns or has interests in 74 thermal, hydroelectric, wind-powered, and geothermal generating facilities with net owned capacity of 10,595 MW; and transmits electricity through approximately 16,300 miles of transmission lines. It also buys and sells electricity on the wholesale market with other utilities, energy marketing companies, financial institutions, and other market participants. The company delivers electricity to customers in Utah, Wyoming, and Idaho under the trade name of Rocky Mountain Power; and to customers in Oregon, Washington, and California under the...

825 N.E. Multnomah Street

Portland, OR 97232

United States

Founded in 1910

6,000 Employees

Phone:

503-813-5608

Key Executives for PacifiCorp

Chairman
Age: 52
Chief Financial Officer
Age: 50
Director
Age: 62
Director
Age: 52
Director
Age: 48
Compensation as of Fiscal Year 2014.

PacifiCorp Key Developments

PacifiCorp Announces Retirement of Mark C. Moench, Director, Senior Vice President, General Counsel and Corporate Secretary, Effective February 17, 2014

On January 6, 2014, Mark C. Moench, Director, Senior Vice President, General Counsel and Corporate Secretary of PacifiCorp, announced he will retire effective February 17, 2014.

PacifiCorp Plans To Sell Bend Hydroelectric Project

PacifiCorp is planning to sell its Bend hydroelectric project. Mark Tallman, Vice President for Renewable Resources of PacifiCorp, said, “After a century of producing clean, emission-free and affordable power for customers, it's time to divest or retire our Bend hydroelectric plant. It simply isn't cost-effective or in the best interests of all our customers throughout six western states for PacifiCorp to rebuild the facility and generate power to serve current and future generations of customers.”

PacifiCorp Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

PacifiCorp announced earnings results for the third quarter and nine months ended September 30, 2013. The company has reported that net income for the third quarter ended September 30, 2013 was $216 million, compared to $212 million for the same quarter ended September 30, 2012. Operating revenue for the third quarter ended September 30, 2013 was $1.40 billion, compared to $1.33 billion for the same quarter ended September 30, 2012. Net income for the nine months ended September 30, 2013 was $542 million, compared to $493 million for the same period ended September 30, 2012. Operating revenue for the nine months ended September 30, 2013 was $3.84 billion, compared to $3.67 billion for the same period ended September 30, 2012.

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Recent Private Companies Transactions

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