Berkshire Hathaway

People (August 2015)

Rick Riley was named group v.p. of customer service and operations for Entergy Arkansas Inc. and will replace Hugh McDonald as president and CEO when McDonald retires in 2016; Edison Electric Institute chose Nicholas K. "Nick" Akins, chairman, president and CEO of American Electric Power, and also elected four vice chairmen; Appointments by American Electric Power, Con Edison, Georgia Power, Dominion Resources, American Transmission Co. and Pacific Gas and Electric; and others...

Digest (August 2014)

Florida Power & Light Company partners with PetroQuest Energy to develop natural gas production wells in southeastern Oklahoma; First Solar receives financing approval to build a 141-MW solar power plant in Chile; DTE Energy will deploy Tollgrade’s LightHouse MV smart grid sensors and predictive grid analytics platform within its distribution network in Detroit; US DOE chooses Abengoa, together with the National Renewable Energy Laboratory and the Colorado School of Mines, to develop a new solar storage technology for thermoelectric plants.

Wind Power Subsidies

Today, tomorrow, forever?

NREL contradicts AWEA, finds wind power not competitive, and favors extending the production tax credit (PTC), but that won’t aid economic growth.

Transactions (June 2014)

Energen signs stock purchase to sell Alagasco to The Laclede Group; Calpine agrees to sell six power plants to LS Power; Exelon agrees to buy Pepco Holdings Inc.; GE offers to acquire power and grid businesses from Alstom.

Got Bonds?

MidAmerican’s Topaz solar financing proves that bond investors have an appetite for green investments.

When MidAmerican Energy Holdings issued $850 million in bonds in February 2012 to finance construction of the massive 550-MW Topaz Solar photovoltaic (PV) farm, it raised more than a few eyebrows in the financial and renewable energy communities.