Warren Buffett boosts Iowa wind
MidAmerican Energy plans to install 593 megawatts worth of wind power in Iowa, the company announced yesterday.
The Des Moines, Iowa-based company is a subsidiary of MidAmerican Energy Holdings, which itself is a listed subsidiary of Warren Buffett's holding company Berkshire Hathaway. About 89 percent of MidAmerican Energy Holdings is owned by Berkshire Hathaway, a MidAmerican spokeswoman told the Associated Press.
MidAmerican Energy has signed a deal with Siemens Energy to provide the wind turbines for the project, which will consist of 258 of Siemens' giant 2.3-megawatt wind turbines installed throughout several counties in Iowa by the end … Read more