Berkshire Hathaway Energy
Berkshire Hathaway Energy is a holding company that is 90% owned by Berkshire Hathaway. Berkshire has owned a controlling stake since 1999.
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.Berkshire Hathaway Energy owns the following companies:
- MidAmerican Energy Company
- MidAmerican Renewables
- PacifiCorp for $9.4 billion in 2005
- Northern Powergrid
- *Integrated Utility Services UK
- CalEnergy Generation, 350 MW geothermal power plants
- Kern River Gas Transmission Company
- *Kern River Pipeline
- Northern Natural Gas Company
- HomeServices of America http://www.homeservices.com/hsfaffiliates.aspx
- BYD Company
- NV Energy
- Metalogic Inspections Services
- Intelligent Energy Solutions
- AltaLink for C$3.24 billion in 2014
In 2017, BHE's proposed acquisition of Oncor Electric Delivery Company LLC was terminated after BHE was outbid by Sempra.
BHE investigates producing up to 90 thousand tonnes of lithium carbonate per year from its 350 MW geothermal power plants in California.