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Warren Buffett's MidAmerican Energy plans $3.9 billion renewables project in Iowa - TL;DR CNBC

Warren Buffett's MidAmerican Energy plans $3.9 billion renewables project in Iowa

Publishing timestamp: 2022-01-21 14:36:10


Summary

MidAmerican Energy, a subsidiary of Berkshire Hathaway Energy, has proposed a $3.9 billion project in Iowa that would incorporate wind and solar power. They are also considering feasibility studies for technologies such as energy storage, small modular nuclear reactors, and carbon capture. Wind was Iowa's largest source of electricity generation in 2020, and the United States is looking to expand its offshore wind capacity.


Sentiment: NEUTRAL

Tickers: BRK.A

Keywords: business newsbusinessrenewable power generationenergynuclear power plantwind power generationclimatewarren buffettberkshire hathaway incsolar power plantiowasolar powerrenewable energywind powerenvironmentsolar power generationalternative and sustainable energy

Source: https://www.cnbc.com/2022/01/21/buffetts-midamerican-energy-plans-3point9-billion-wind-solar-project.html


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