Tags: Berkshire | PacifiCorp | Hydroelectric | Dam

Berkshire's PacifiCorp Looks to Sell Oregon Hydroelectric Dam

Monday, 25 Nov 2013 05:23 PM

Berkshire Hathaway Inc.’s PacifiCorp utility is seeking to sell a hydroelectric dam that’s no longer profitable to operate.

The dam is on the Deschutes River in Bend, Oregon, PacifiCorp said Monday in a statement. The company, owned by Warren Buffett’s Omaha, Nebraska-based firm, may seek to place the structure under local control.

“It’s time to divest or retire our Bend hydroelectric plant,” Mark Tallman, PacifiCorp’s vice president for renewable resources, said in the statement.

© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
Companies
Berkshire Hathaway Inc.'s PacifiCorp utility is seeking to sell a hydroelectric dam that's no longer profitable to operate.
Berkshire,PacifiCorp,Hydroelectric,Dam
74
2013-23-25
Monday, 25 Nov 2013 05:23 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved