PORTLAND, Ore. (March 19, 2026) — PacifiCorp announced today that it has executed nonbinding term sheets outlining transactions with three separate Oregon electric cooperatives to sell its distribution assets in Wallowa County, Monroe and Lakeview, Oregon.
Under the agreements, PacifiCorp plans to transfer its distribution assets serving 5,514 residential, commercial and irrigation customers in Wallowa County to Oregon Trail Electric Cooperative; assets serving 1,162 residential, commercial and irrigation customers in the Monroe area to Blachly-Lane Electric Cooperative; and assets serving 2,228 customers in the Lakeview area to Surprise Valley Electrification Corporation.
“These agreements represent the company’s ongoing efforts to strengthen its financial position and simplify operations to ensure the continued delivery of safe, reliable electricity to our customers,” said Ryan Flynn, president, Pacific Power. “Each of the utilities involved in these transactions are experienced operators committed to the communities they serve, and we are confident this transition will be seamless for our customers in these areas.”
Once definitive agreements are negotiated and executed, these transactions are subject to regulatory approval and could take up to 12 months to complete. During this period, PacifiCorp will continue to provide quality service and customer care to these communities.
For more information, visit PacificPower.net/OregonNews.
