Company:Berkshire Hathaway Energy
From HandWiki
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| Predecessor | MidAmerican Energy Holdings Company |
|---|---|
| Headquarters | U.S. |
Key people | Greg Abel, Chairman & CEO |
| Revenue |  $17.42 billion[1] |
| $4.25 billion[1] | |
| $2.57 billion[1] | |
| Total assets | $85.44 billion[1] |
| Total equity | $24.33 billion[1] |
| Parent | Berkshire Hathaway |
| Website | www |
Berkshire Hathaway Energy (previously known as MidAmerican Energy Holdings Company until 2014) is a holding company that is 90% owned by Berkshire Hathaway. Berkshire has owned a controlling stake since 1999.[2]
Greg Abel serves as president, chairman and CEO. David L. Sokol was CEO until 2008.
Until 2014, it was known as MidAmerican Energy Holdings Company from its root as MidAmerican Energy Company; it took on the name of its parent to reflect the diversity of its portfolio.[3]
Subsidiaries & Investments
Berkshire Hathaway Energy owns the following companies:
- MidAmerican Energy Company
- MidAmerican Renewables[4] (Renewable Energy/Wind Energy)
- PacifiCorp for $9.4 billion in 2005[5]
- Northern Powergrid (formerly CE Electric UK)
- Integrated Utility Services UK
- CalEnergy Generation[6]
- Kern River Gas Transmission Company[7]
- Kern River Pipeline
- Northern Natural Gas Company (Omaha)[8]
- HomeServices of America (Real Estate, in 47 states) http://www.homeservices.com/hsfaffiliates.aspx
- BYD Company (10% of outstanding shares)
- NV Energy (electric and natural gas in most of Nevada)
- Metalogic Inspections Services[9] (Oil and Gas, Power Generation, Fabrication, Pipeline, Services)
- Intelligent Energy Solutions[10] (Heat Pumps, Solar Panels, and Biomass Boilers)
- AltaLink (Electric Utility in Canada) for C$3.24 billion in 2014 [11]
In 2017, BHE's proposed acquisition of Oncor Electric Delivery Company LLC[12] was terminated after BHE was outbid by Sempra.[13][14]
See also
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Financial filing" (PDF). 2010. https://www.berkshirehathawayenergyco.com/assets/upload/financial-filing/BHE%2012.31.16%20Form%2010-K_FINAL.pdf.
- ↑ News, Bloomberg (26 October 1999). "Berkshire Hathaway and Others Plan to Buy MidAmerican Energy". https://www.nytimes.com/1999/10/26/business/berkshire-hathaway-and-others-plan-to-buy-midamerican-energy.html.
- ↑ "Buffett's MidAmerican Energy adopts Berkshire name". 30 April 2014. https://www.reuters.com/article/berkshirehathaway-midamerican-namechange-idUSL2N0NM21620140430.
- ↑ "Wind Energy" (in en-us). https://midamericanenergy.com/our-renewable-energy-vision.aspx.
- ↑ Goldstein, Steve. "Berkshire Hathaway's $9.4B deal". http://www.marketwatch.com/story/buffetts-midamerican-to-buy-pacificorp-for-94b.
- ↑ "BHE Renewables" (in en-us). https://www.bherenewables.com/aboutus_geothermal.aspx.
- ↑ "Kern River Gas Transmission Company : Berkshire Hathaway Energy" (in en-us). http://www.berkshirehathawayenergyco.com/our-businesses/kern-river-gas-transmission-company.
- ↑ "Northern Natural Gas" (in en-us). http://www.northernnaturalgas.com/Pages/default.aspx.
- ↑ "Home - Metalogic Inspection Services" (in en-US). http://www.metalogicinspection.com/.
- ↑ "Consultancy, Servicing, Maintenance and Fault Finding | Heat Pumps, Solar Panels & Biomass Boilers - Intelligent Energy Solutions". http://www.intelligentenergysolutions.com/.
- ↑ "Berkshire Hathaway Energy Purchases SNC-Lavalin's Equity in AltaLink". Marketwired.com. 2014-05-01. http://www.marketwired.com/press-release/berkshire-hathaway-energy-purchases-snc-lavalins-equity-in-altalink-1905678.htm. Retrieved 2018-08-22.
- ↑ CNBC (2017-07-07). "Berkshire Hathaway Energy to buy Oncor". https://www.cnbc.com/2017/07/07/berkshire-hathaway-energy-to-buy-oncor.html.
- ↑ "Sempra’s Purchase of Oncor Approved by FERC". http://www.power-eng.com/articles/2017/12/sempra-s-purchase-of-oncor-approved-by-ferc.html.
- ↑ "Berkshire Hathaway Energy Agreement to Acquire Oncor Terminated". http://berkshirehathawayenergyco.com/news/berkshire-hathaway-energy-agreement-to-acquire-oncor-terminated. Retrieved 18 May 2018.
External links
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