Natalie Feng Lin

78%
Flag icon
MidAmerican will have 3,316 megawatts of wind generation in operation by the end of 2012, far more than any other regulated electric utility in the country. The total amount that we have invested or committed to wind is a staggering $6 billion. We can make this sort of investment because MidAmerican retains all of its earnings, unlike other utilities that generally pay out most of what they earn. In addition, late last year we took on two solar projects — one 100%-owned in California and the other 49%-owned in Arizona — that will cost about $3 billion to construct. Many more wind and solar ...more
Berkshire Hathaway Letters to Shareholders: 1965-2024
Rate this book
Clear rating
Open Preview