Items Tagged with "Warren Buffet"

MidAmerican Energy goes all-in on wind, announces $3.6B project

MidAmerican Energy Co. on April 14 announced plans for a new, $3.6 billion wind project that is expected to add up to 2,000 MW of wind generation in Iowa. The utility, which is a subsidiary of Warren Buffet's Berkshire Hathaway Inc., touted the Wind XI project as "a giant st Read More...

MGM Resorts, in pursuit of cleaner power, will pay $87M to leave its utility

Two of the largest casinos in Las Vegas issued notice last week that they will stop purchasing electricity from their current utility, NV Energy, which is a subsidiary of Warren Buffet's Berkshire Hathaway Inc. MGM Resorts International, citing its pursuit of more renewable energy sources, said Read More...

Switch goes after Nevada regulators, NV Energy for $30M, permission to exit service

Updated July 14 at 10:30 a.m. with statement from NV EnergyOne of NV Energy Inc.'s large corporate customers has filed suit against the electric utility and state regulators alleging deceptive trade practices, fraud, civil conspiracy, conspiracy to commit fraud, negligence and gr Read More...

MGM, Wynn Resorts cease purchasing utility power

Following more than a yearlong regulatory process, MGM Resorts International and Wynn Resorts have ceased purchasing power from their utility, NV Energy. The two corporations, which believe the breakup will allow them to more economically pursue renewable energy to power their operations, Read More...

Caesars files to stop buying power from NV Energy

Toward the end of an already tough year for Nevada's largest utility, NV Energy Inc., yet another of its large electric customers has filed with state regulators for permission to buy its power elsewhere. Following in the footsteps of MGM Resorts International, Las Vegas Sands Corp. and Wynn Re Read More...