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HomeMy WebLinkAbout20241205Notice of Affiliate Transaction (Redacted).pdf Redacted RECEIVED Thursday, December 5, 2024 IDAHO PUBLIC UTILITIES COMMISSION Paofic Pov er Timothy b Clark PAC I F I CO R P. Rocky Mountain Per Assistant General Counsel 1407 W.North Temple,Suite 320 Salt Lake City, UT 84116 VIA ELECTRONIC FILING 801-220-4565 Office Tim.ClarkCapacificorp.com December 5,2024 Idaho Public Utilities Commission 11331 West Chinden Boulevard Building 8 Suite 201A Boise, Idaho 83714-1021 Attention: Commission Secretary Re: PacifiCorp Notice of Affiliate Transaction—PacifiCorp and Bridger Coal Company Case No. PAC-E-05-8 Pursuant to Commitment I 17(2), incorporated in the Idaho Public Utilities Commission Order No. 29973,issued February 13,2006,as supplemented by Order No. 29998 March 14, 2006, in the above-referenced proceeding, approving the acquisition of PacifiCorp by MidAmerican Energy Holdings Company (now Berkshire Hathaway Energy Company), PacifiCorp hereby provides notice of affiliated interest transactions with the Bridger Coal Company("BCC"). PacifiCorp is also the direct 100 percent owner of Pacific Minerals, Inc., a Wyoming corporation. In turn Pacific Minerals, Inc., holds a 66.7 percent ownership interest in BCC, a contractual joint venture enterprise with Idaho Power. Therefore, PacifiCorp 's indirect ownership interest in BCC through Pacific Minerals,Inc.,creates an affiliated interest between PacifiCorp and BCC. PacifiCorp will purchase coal at cost from BCC annually based on the amount that is needed to serve the Jim Bridger plant. This amount will vary every year. PacifiCorp forecasts this amount in the Transition Adjustment Mechanism proceeding and the actual costs are also provided in the Power Cost Adjustment Mechanism filing every year. The main source of fuel for the coal-fired units of the Jim Bridger Plant is supplied by BCC. This fuel is procured and provided at cost. A true copy of the contract is included with s filing as Confidential Attachment A. PacifiCorp requests confidential treatment for Attachment A. The document labeled as confidential includes commercially sensitive information. This confidential business information is of significant commercial value, which could expose PacifiCorp to competitive injury and/or the potential for commercial fraud against PacifiCorp if disclosure is unrestricted. Obtaining the coal from BCC is in the public interest as it conveys a sustainable and cost- efficient source of fuel that ensures system continuity thereby benefiting the electric grid in the region. Without the coal, PacifiCorp cannot meet its obligation to continue to provide safe and reliable electric service. Please do not hesitate to contact me if you have any questions. Sincerely, Timothy K. Clark Assistant General Counsel PacifiCoip Enclosure: Confidential Attachment A.pdf 2 CONFIDENTIAL ATTACHMENT A IS CONFIDENTIAL IN ITS ENTIRETY AND PROVIDED UNDER SEPARATE COVER