Power
PacifiCorp Sells Assets, Google-Ormat Power Deal, EQT: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our readers.
Released Wednesday, February 18, 2026
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
PacifiCorp Sells Washington Assets to Portland General Electric - PacifiCorp, a utility owned by Berkshire Hathaway, is selling wind, natural gas generation, and distribution assets and infrastructure in central and southern Washington state to Portland General Electric for $1.9 billion, citing liquidity concerns as it battles wildfire litigation in Oregon. The transaction announced on Tuesday includes the Chehalis natural gas plant, Goodnoe Hills wind facility, Marengo I and II wind facilities and 4,500 miles of transmission and distribution lines. PGE will add PacifiCorp's 140,000 customers in Washington state, covering about 2,700 square miles. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can learn more by viewing the related plant profiles. (Reuters)
Google Secures Ormat Geothermal Power for Data Centers - Geothermal power developer Ormat will supply Google with up to 150 megawatts through the tech firm's standing deal with Berkshire Hathaway Inc.'s NV Energy, a Nevada utility. Ormat plans to generate the power across a slate of new geothermal projects still in development. The deal begins once the first projects reach commercial operations, Ormat said, which is expected between 2028 and 2030. It will extend 15 years after the final project comes online. Subscribers to Industrial Info's Power Project Database can click here for reports on five active Ormat geothermal projects in Nevada. (Bloomberg)
NATURAL GAS
EQT Sees Higher NatGas Prices, Sales Volumes in Fourth Quarter - U.S. natural gas producer EQT's average realized price for natural gas during the fourth quarter of 2025 was up 14.3% from a year earlier at $3.44 per thousand cubic feet equivalent (Mcfe). Its total quarterly sales volume rose to 608,994 million cubic feet equivalent (MMcfe) from 605,183 MMcfe a year ago. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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