HomeMy WebLinkAbout20140530Notice of Affiliate Transaction.pdf\PncrFrConp
May 30,2014
VU OWRNIGHT DELIWRY
Idaho Public Utilities Commission
472West Washington
Boise,ID 83702-5983
Attention: Jean D. Jewell
Commission Secretary
Re: PacifiCorp Notice of Affiliate Transaction
Case No. PAC-E-05-8
Dear Ms. Jewell:
This letter will serve as notice pursuant to Commitment I l7(2\ incorporated in the
Idatro 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 (MEHC)I, of an affiliate
interest transaction with CE Casecnan for which PacifiCorp will sell certain spare parts to CE
Casecnan. PacifiCorp will submit a verified copy of the Purchase Order supporting this
transaction when it becomes available.
PacifiCorp is a wholly-owned indirect subsidiary of Berkshire Hathaway Energy
Company (BHE). BHE is a subsidiary of Berkshire Hathaway, Inc. (Berkshire Hathaway). As of
March 31,2010, Warren E. Buffet (an individual who may be deemed to control Berkshire
Hathaway), Berkshire Hathaway, various subsidiaries of Berkshire Hathaway and various
employee benefit plans of Berkshire Hathaway subsidiaries together held an interest in excess of
5 percent in CE Casecnan. Therefore, Berkshire Hathaway's ownership interest in CE Casecnan
may create an affiliated interest in some PacifiCorp jurisdictions.
CE Casecnan owns and operates hydroelectric generation facilities in the Philippines. CE
Casecnan is preparing for the upcoming monsoon season. Certain required parts have been
ordered from the manufacturer that will take up to 20 weeks to arrive. CE Casecnan does not
participate in any utility mutual aid agreements. This transaction is in the public interest because
receiving the parts from PacifiCorp is the quickest, most efficient way for CE Casecnan to
acquire necessary parts to avoid prolonged outages and be able to respond effectively during
monsoon season. PacifiCorp has the necessary parts and can provide them to CE Casecnan
without compromising its own operations or ability to provide reliable electric service.
RECEIVf; I]R Jeff Richards
Vice President and General Counsel
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I As of April 3O,2O14,MEHC was renamed Berkshire Hathaway Energy.
Jean D. Jewell
Notice of Affiliate Transaction
May 30,2014
CE Casecnan will pay PacifiCorp the cost of the paf,ts, which is higher than market plus
other administrative expenses.
Please do not hesitate to contact me if you have any questions.
Best Regards,
R. JeffRichards
Vice President and General Counsel
PacifiCorp
Enclosures