Press Releases
ScottishPower-PacifiCorp Merger Receives Final Federal Approval
15 November 1999
ScottishPower and PacifiCorp announced that they have received the final federal approval needed to complete their merger transaction.
The Nuclear Regulatory Commission (NRC) issued an order on 12 November formally approving the merger. NRC approval is required because PacifiCorp owns a 2.5 percent share in the Trojan Nuclear Plant in Oregon. The plant has not operated for several years, and is in the process of being decommissioned.
Ian Robinson, Chief Executive of ScottishPower, said: "This is another important approval in the merger process. With all federal, and four of the six state approvals in place, we are well on track to completing the merger by the end of the year."
Further Information:
Colin McSeveny, Group Media Relations Manager 0141 636 4515
Iain Paterson, Investor Relations Manager 0141 636 4527