PacifiCorp is excited to announce that we have successfully raised $99,600,000 in our latest funding round, marking a significant milestone in our ongoing commitment to a cleaner, more sustainable energy future. As a locally managed, wholly owned subsidiary of Berkshire Hathaway Energy Company, PacifiCorp has built a reputation as a leading energy services provider across the western United States. Managing the largest grid in the West, we proudly serve 2 million customers across nearly 143,000 square miles in six western states. This accomplishment not only reinforces our financial strength and market confidence but also our unwavering dedication to growing renewable resources and driving the transition to a lower carbon future.
The newly raised funds will be strategically invested in expanding our renewable energy portfolio, enhancing grid resiliency, and supporting innovative technologies that ensure the highest quality of service to our customers. Through significant investment in these areas, we aim to accelerate our energy transformation plans while continuing to provide reliable and affordable power. Our two business units, Pacific Power—with its headquarters in Portland, Oregon, serving customers in Oregon, Washington, and California—and Rocky Mountain Power, based in Salt Lake City, Utah, serving customers in Utah, Wyoming, and Idaho, will both play critical roles in implementing these initiatives. By further developing sustainable energy infrastructure and integrating advanced grid management systems, PacifiCorp is paving the way for a dynamic and sustainable energy landscape. We look forward to leveraging this funding to not only enhance our services but also to uphold our commitment to environmental stewardship and community-centric growth.
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