Portland General Electric CEO Maria Pope called the Clearwater acquisition a $415 million investment, one that would help position PGE for a state required transition away from coal power.
Three north central Montana wind farms are the latest assets sought by Berkshire Hathaway, whose subsidiaries have steadily expanded in-state holdings in recent years.
Forward-Looking Statements
The information in this report includes statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements that relate to expectations, beliefs, plans, assumptions, and objectives concerning future results of operations, business prospects, loads, outcome of litigation and regulatory proceedings, capital expenditures, market conditions, future events or performance, and other matters. Words or phrases such as anticipates, believes, estimates, expects, intends, plans, predicts, projects, will likely result, will continue, should, or similar expressions are intended to identify such forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed. PGE s expectations,