PPW Holdings LLC history

In 1940 the company reorganized because the lingering effects of the Depression left it unable to meet its bond debts.

In 1942 it joined the newly formed Northwest Power Pool, formed with several other regional power companies to coordinate resources when capacity was stretched.

In 1954 Mountain States merged into Pacific, creating a company twice as large as it had been, with service territory spread over five states.

In 1979 Pacific bought Alascom from RCA Corporation for $210 million.

NERCO had become the sixth largest United States coal miner. It continued to grow through acquisitions, spending $15.2 million in 1981 for a Fairbanks, Alaska, exploration company that owned mineral rights to 5.5 million acres of Alaska.

In 1982 NERCO acquired Clements Energy Incorporated, an oil and gas exploration company.

By 1983 Pacific Telecom had revenues of $341 million.

By 1985 conditions had improved for PacifiCorp's electric business.

Utah and Oregon provided most of the company's electric revenue, with 37.2 percent and 29.6 percent, respectively, in 1989.

In 1991 NERCO bought Union Texas Petroleum's oil and gas operations in the Gulf of Mexico, dramatically increasing its petroleum reserves.

The first to go was PacifiCorp's gold and silver mining operation, which was sold in 1992.

As a first step in entering a competitive market, PacifiCorp established a marketing office for wholesale power in Las Vegas in 1994.

In 1998 PacifiCorp moved to acquire The Energy Group, a diversified energy company with operations in the United Kingdom, Australia, and the United States.