Berkshire Hathaway acquires PacifiCorp (via MidAmerican Energy Holdings)

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.

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

Advisory firms were not disclosed for this transaction.

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