Warren Buffett’s $7.4 Billion Alternative Energy Play

Warren Buffett’s $7.4 Billion Alternative Energy Play

By Jeff Siegel | Monday, December 12th, 2011

Jeff Siegel

Warren Buffett’s MidAmerican Energy is the largest electricity provider in Iowa, Wyoming, and Utah.

The company sells its electrons to 2.4 million customers.

It transports 8 percent of the country’s gas through its own pipelines, while producing and supplying power from a wide range of sources that also include geothermal, hydro, nuclear, and coal…

And last week — for about $2 billion — it added solar to that mix.

Click here to read the newsletter