The World's #1 Renewable Energy Network for News, Information, and Companies.

Buffett's MidAmerican Group Forms Renewable Energy Company

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 percent 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

Renewable Energy Is Beginning To Power Africa

Andrew Burger, Contributor According to the International Energy Agency, sub-Saharan Africa will require more than $300 billion in investment to achieve universal electricity access by 2030. Committing more than $7 billion in U.S. government support ...

First Anniversary of The Balkan Floods Highlights Renewable Energy Market Opportunities

Ilias Tsagas, Contributor One year ago this month, severe flooding in Serbia, Bosnia-Herzegovina and Croatia killed 79 people, displaced about half a million and caused economic paralysis of the region. In the wake of these the catastrophic events, ...
Canadian Climate Goals

Canada Announces Weak Climate Target

Danielle Droitsch, NRDC Last week, Canada has announced its contribution to the global effort to reduce greenhouse gases by announcing its post-2020 target. The target announced today is off-track to the 80 percent cut by 2050 they committed to in...
Renewable Energy Stocks

What Drives Alternative Energy Stocks?

Harris Roen, The Roen Financial Report Alternative energy became a serious market player after the turn of the millennium. Since that time, solar, wind, smart grid and other alternative energy stocks have experienced both strong up and down trends. The forces at...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 3
1505REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

Using Grid data analytics to protect revenue, reduce network losses...

COMPANY BLOGS

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

Teun Bokhoven, President of the Dutch Renewable Energy Federation, ...

Munich, 08 April 2014 – The 29th European Photovoltaic Solar Energ...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS