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Warren Buffett-Owned Energy Company Facing Fines Over 2020 Wildfire: Here's How Much The Fines Could Be
Thursday, June 15, 2023 - 3:41pm | 527A jury in Oregon has ruled on damages against an energy company related to wildfires in the state in 2020. Here’s the company's link to Warren Buffett and more on the potential fines. What Happened: Electric utility company PacifiCorp was found liable for damages related to September...
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Berkshire Subsidiary MidAmerican Energy to Buy Nevada Utility
Thursday, May 30, 2013 - 7:48am | 559On Wednesday, MidAmerican Energy, a subsidiary of Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), announced that it is purchasing NV Energy (NYSE: NVE) for $23.75 per share, valuing the deal at $5.6 billion. That’s a 23 percent premium over NV’s closing price on Wednesday. NV Energy provides gas...