Warren Buffett’s giant electric utility is struggling to pay for 2020 wildfire damage.
By Jeff Manning
Oregon Journalism Project
They are words seldom seen in the same paragraph or uttered in the same sentence: Warren Buffett and bankruptcy.
— Photo courtesy of Brian Burks
But the self-made multibillionaire Buffett has a big problem with his company’s Portland-based electric utility PacifiCorp.
In a Nov. 3 quarterly earnings statement, the company…