About This Deal

Berkshire Hathaway acquired PacifiCorp (via MidAmerican Energy Holdings) for Approximately $5.1 billion in cash, a transaction completed in March 2006, structured as all cash.

PacifiCorp (via MidAmerican Energy Holdings) operates in Energy / regulated utilities, is based in Portland, Oregon. MidAmerican Energy Holdings acquired PacifiCorp, a regulated electric utility headquartered in Portland, Oregon serving customers across Utah, Oregon, Wyoming, Washington, Idaho and California, for approximately $5.1 billion in cash in March 2006. The deal significantly expanded Berkshire's regulated energy footprint in the West.

Large, geographically diversified regulated utility with stable earnings.

Deal Terms

Acquirer
Berkshire Hathaway
Target
PacifiCorp (via MidAmerican Energy Holdings)
Value
Approximately $5.1 billion in cash
Date
March 2006
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Portland, Oregon
Segment
Energy / regulated utilities
Structure
All cash
Announced
May 24, 2005
Closed
March 21, 2006

In Their Words

PacifiCorp, a regulated electric utility providing service to customers in six Western states, was acquired for approximately $5.1 billion in cash.Berkshire Hathaway FY2006 10-K, Business description / Business Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · Last updated July 14, 2026

See how VectorShift works for your firm

Request Demo