HomeMy WebLinkAbout20210721Notice of Affiliate Transaction-Redacted.pdf.pdf
VIA ELECTRONIC FILING
July 21, 2021
Idaho Public Utilities Commission
11331 West Chinden Boulevard
Building 8 Suite 201A
Boise, Idaho 83714-1021
Attention: Jan Noriyuki
Commission Secretary
Re: PacifiCorp Notice of Affiliate Transaction
Case No. PAC-E-05-8
Dear Ms. Noriyuki:
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 or BHE), PacifiCorp
hereby provides notice of an affiliated interest transaction with Bridger Coal Company (Bridger)
for a First Amendment to Lease Agreement (Agreement). The Agreement amends the existing
property lease to allow for an extension of the lease. The original Lease Agreement is dated May
27, 1981 and provided the terms by which Bridger leases certain real property, which is located in
the East Half of the East Half of the Southeast Quarter (E/2E/2SE/4) of Section 25, Township 21
North, Range 101 West, 6th PM, Sweetwater County, Wyoming. The subject property is jointly
owned by PacifiCorp and Idaho Power Company. Bridger leases portions of the property to access
its facilities and has a continuing need to do so. A copy of the Agreement, along with the original
lease, is included with this Notice as Confidential Attachment A. PacifiCorp provides the
Agreement as confidential. The Agreement contains sensitive pricing and cost information which,
if disclosed to the public, could erode the Company’s ability to bargain with vendors in the future.
Bridger is 66.7 percent owned by Pacific Minerals, Inc., which in turn is a wholly-owned direct
subsidiary of PacifiCorp. The other 33.3 percent of Bridger is owned by Idaho Power Company,
successor in interest to Idaho Energy Resources Co. and a wholly-owned direct subsidiary of
IDACORP. Therefore, PacifiCorp’s ownership interest in Bridger creates an affiliated interest
relationship between PacifiCorp and Bridger.
Timothy K. Clark
Senior Attorney
1407 W. North Temple, Suite 320
Salt Lake City, UT 84116
801-220-4565 Office
Tim.Clark@pacificorp.com
RECEIVED
2021July 21, PM 4:02
IDAHO PUBLIC
UTILITIES COMMISSION
Idaho Public Utilities Commission
July 21, 2021
Page 2
The amendment to the lease is in the public interest because it gives Bridger continued access to
the property – access necessary for Bridger to carry out its operations in service to its customers.
As the property’s owners, PacifiCorp along with Idaho Power Company are the only entities that
can provide the amended lease to Bridger.
Please do not hesitate to contact me if you have any questions.
Sincerely,
Timothy K. Clark
Senior Attorney
PacifiCorp
Enclosures
Confidential Attachment A
CONFIDENTIAL
ATTACHMENT A
to
PacifiCorp Notice of Affiliate Transaction
THIS ATTACHMENT IS CONFIDENTIAL IN ITS
ENTIRETY AND IS PROVIDED UNDER
SEPARATE COVER