Buffett's MidAmerican Energy boosts wind capacity to 3.71GW

The energy business of Berkshire Hathaway, a conglomerate headed by US billionaire Warren Buffett, has raised its ownership of wind capacity to 3.71GW after bringing the 81MW Bishop Hill II project into commercial operation.

MidAmerican Wind, a subsidiary of MidAmerican Renewables, completed construction of the wind farm in Illinois that it acquired earlier this year from developer Invenergy. The facility utilizes 50 General Electric 1.62MW wind turbines.

Ameren Illinois, a utility based in Peoria, is purchasing all power from the project under a 20-year agreement.

Berkshire’s energy arm, MidAmerican Energy Holdings , has seven primary businesses that generated $11.2bn revenue in 2011. Electric utilities MidAmerican Energy and PacifiCorp own 2.3GW and 1.03GW of wind, respectively. MidAmerican Renewables owns another 381MW including the 168MW and 132MW Log in to read complete article.

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