Untitled Document

Buffett's MidAmerican group forms renewable energy company

DES MOINES, Iowa 2/1/12 (PennWell) -- MidAmerican Energy, part of Warren Buffett's Berkshire Hathaway Inc., has created a new company to oversee its green energy interests.

The new company, called MidAmerican Renewables LLC, will be based in Des Moines and will include limited liability companies in the hydro, wind, geothermal and solar sectors. MidAmerican Energy -- an electric and natural gas utility that serves parts of Iowa, Illinois, Nebraska and South Dakota -- will remain unchanged.

Beill Fehrman, president and chief executive officer of MidAmerican Energy, has been named president of MidAmerican Renewables, although he will retain his duties at MidAmerican Energy.

MidAmerican owns 50% of the 10-MW Wailuku hydroelectric plant in Hawaii. The power generated is sold to Hawaii Electric Light Company Inc. under a long-term power purchase agreement.

Related Articles

Boone Lake seepage

TVA chooses solution to rehab Boone Dam seepage

Tennessee Valley Authority has arrived at a proposed repair project to correct water seepage...

Reclamation releases final reports on Shasta Dam raise

The future of a proposal to raise California's Shasta Dam by as much as 18.5 feet is once ag...

U.S. Army seeks micro-hydropower project at West Point

The U.S. Army Corps of Engineers invites applications for qualification to build a micro-hyd...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
07/01/2015
Volume 23, Issue 4

Buyers Guide Products