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PacifiCorp Settles $575M for Wildfire Negligence, Sells Assets

2/21/2026

24 6 Full Breakdown

Summary

Story summary

PacifiCorp has agreed to a $575 million settlement with the U.S. Department of Justice.
The federal claims relate to six wildfires in Oregon and California in 2020 and 2022.
The U.S. Department of Justice says PacifiCorp's electrical lines negligently caused the fires.
The fires burned over 290,000 acres of public land.
PacifiCorp plans to sell Washington assets for $1.9 billion to stabilize finances amid wildfire litigation.

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Story summary

PacifiCorp has agreed to a $575 million settlement with the U.S. Department of Justice.
The federal claims relate to six wildfires in Oregon and California in 2020 and 2022.
The U.S. Department of Justice says PacifiCorp's electrical lines negligently caused the fires.
The fires burned over 290,000 acres of public land.
PacifiCorp plans to sell Washington assets for $1.9 billion to stabilize finances amid wildfire litigation.