Clearway Engages PPA with PacifiCorp

Clearway announces a new set of long-term power purchase agreements (PPAs) with PacifiCorp, a subsidiary of Berkshire Hathaway.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Clearway announces a new set of long-term power purchase agreements (PPAs) with PacifiCorp, a subsidiary of Berkshire Hathaway.

A power of 432MW

Clearway states that the APPs will directly support the construction of two wind energy projects. The first project, called Two Rivers, located in Wyoming, will have a capacity of 280MW. The second wind project, Cedar Creek, located in Idaho, will have 152MW.

The partnership between Clearway and PacifiCorp will help develop wind energy in these two central U.S. states. In addition, the company announces that the two wind projects have a PPA covering a period of 25 years. Valerie Wooley, Vice President at Clearway says:

“We are proud to partner with PacifiCorp again and help them achieve their goal of sourcing the cleanest, lowest risk, lowest cost electricity for their customers.”

Substantial investments

The Two Rivers Wind Project in Carbon and Albany counties will produce enough electricity to power 100,000 homes annually. The wind farm, initially developed by Intermountain Wind, is expected to create over 275 jobs during construction. In addition, it represents a $500 million investment in the Wyoming economy.

Clearway was acquiring the Cedar Creek wind project in 2021 from rPlus Energies. Located in Bingham County, the project will generate enough electricity to power 41,000 homes annually. Cedar Creek Wind will create more than 175 jobs during construction for a $250 million investment in Idaho’s economy.

A federal presence

Clearway seeks to develop the transition to a world powered by clean energy. The company currently operates over 8GW of renewable and conventional energy assets across the United States. The company announced that it has 5.7GW of wind, solar and energy storage assets.

The company announced that it is offsetting the equivalent of more than 10.5 million tons of carbon emissions. For its part, PacifiCorp serves two million customers in various states such asUtah, California and Oregon. Finally, the partnership between the two companies includes a solar and wind portfolio of 549MW in Utah and 141MW in Wyoming.

Baker Hughes has completed the transfer of its surface pressure control business to Cactus in a majority joint venture, receiving $344.5 million to strengthen its liquidity and realign its industrial portfolio.
Occidental has completed the sale of its chemical subsidiary OxyChem to Berkshire Hathaway for $9.7bn, refocusing its activities on oil and gas. The transaction excludes the company’s historical environmental liabilities.
Octopus sells a minority stake in Kraken for $1 billion in a deal valuing the tech platform at $8.65 billion, initiating its spin-off and strengthening its position among international energy suppliers.
India’s public sector SECI seeks to outsource the design and management of an energy trading software platform, including technical support and human resources for five years at its New Delhi headquarters.
BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.
CB&I acquires Petrofac's Asset Solutions division, targeting revenue diversification and geographic expansion, with nearly 3,000 new employees expected to join the group.
French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.
US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.
Solar Energy Corporation of India signed a strategic agreement with Global Energy Alliance to strengthen grid resilience and support the expansion of storage and smart management technologies.
Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
The Norwegian energy group rejects the sanction imposed for illegal gas discharges at Mongstad, citing disagreement over maintenance obligations and the alleged financial benefit.
Alpine Power Systems announces the acquisition of Chicago Industrial Battery to expand its regional presence and support the growth of its PowerMAX line of used and rental batteries and chargers.
HASI and KKR strengthen their strategic partnership with an additional $1bn allocation to CarbonCount Holdings 1, bringing the vehicle’s total investment capacity to nearly $5bn.
EDF is considering selling some of its subsidiaries, including Edison and its renewables activities in the United States, to strengthen its financial capacity as a €5bn ($5.43bn) savings plan is underway.
French group Qair secures a structured €240 million loan to consolidate debt and strengthen liquidity, with participation from ten leading financial institutions.
Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.
EDF power solutions' Umoyilanga energy project has entered provisional operation with the Dassiesridge wind plant, marking a key milestone in delivering dispatchable electricity to South Africa’s national grid.
Indian group JSW Energy launches a combined promoter injection and institutional raise totalling $1.19bn, while appointing a new Chief Financial Officer to support its expansion plan through 2030.
Singapore’s Sembcorp Industries has entered the Australian energy market with the acquisition of Alinta Energy in a deal valued at AU$6.5bn ($4.3bn), including debt.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.