Berkshire Hathaway Energy
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WindIowa Utility Proposes $3.9 Billion Renewable Energy Project
A subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy has announced it plans to invest another $3.9 billion into renewable energy in Iowa, with a project that would add more than 2 GW of wind power to the state. Des Moines-based MidAmerican Energy on Jan. 19 said the Wind PRIME project also includes solar power […]
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NewsExec Calls for Action on New Texas Gas-Fired Plants
The chief executive of a Connecticut-based energy investment firm has called for action on his group’s proposal to build as many as 11 new natural gas-fired power plants in Texas. Himanshu Saxena, CEO of Starwood Energy Group, in a June 14 interview said, “We would like to see significant steps in countering, negotiating and material […]
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News$8 Billion Proposals Could Bring New Gas-Fired Plants to Texas
An energy investment group told Texas regulators the company has a plan to help solve some of that state’s electricity reliability issues, proposing a plan similar to one put forth by billionaire Warren Buffett’s Berkshire Hathaway Energy in March. Starwood Energy Group on April 23 sent the state’s Public Utility Commission a proposal to build […]
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NewsBuffett Still Banking on Energy—BHE Announces Canadian Wind Farm
The evolving landscape of power includes not only new types of generation, but also involves new investors, including some of the most well-known names in global business. Bill Gates, who co-founded Microsoft with the late Paul Allen, formed Breakthrough Energy Ventures (BEV) in 2016, a group that supports battery energy storage, nuclear power innovation, geothermal, […]
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Press Releases
Sammons Renewable Energy Adds 238-MW Texas Wind Project to Portfolio
Dallas, Texas (December 12, 2018) — Sammons Renewable Energy (SRE) today announced the acquisition of the 238 MW Rio Bravo wind project from Longroad Energy Holdings, LLC (Longroad). Rio Bravo is the second wind farm acquired by the company, bringing the wind portion of SRE’s portfolio to 400 MW. Franklin Park identified and assisted with […]
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Legal & RegulatoryPower Market Operators and Participants See a Glimmer of Optimism in Current Chaos
The conversation at the ELECTRIC POWER Conference and Exhibition, as underscored by comments made in its keynote address and at the annual event’s executive roundtable, was optimistic yet cautious, owing to
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RenewablesSeven Power Companies Sign Obama’s Climate Pledge, Commitments Include Retiring Coal
Seven power producers have joined 74 other companies in signing on to the Obama administration’s American Business Act on Climate initiative, which is aimed at rallying U.S. companies behind the need for action on climate change ahead of international climate talks in Paris next month. The seven are Berkshire Hathaway Energy (BHE)—parent company of PacifiCorp, […]