MidAmerican Energy Holdings, which is controlled by billionaire investor Warren Buffett will pay US$5.6 billion for NV Energy. Photo: AP
MidAmerican Energy Holdings, which is controlled by billionaire investor Warren Buffett will pay US$5.6 billion for NV Energy. Photo: AP

Buffett pays US$5.6b for Vegas utility

Las Vegas-based NV Energy has just passed 1 gigawatt of renewable energy, with a target of 25 per cent renewables by 2025, and is the largest user of geothermal energy in the United States.

MidAmerican Energy Holdings, which is controlled by billionaire investor Warren Buffett will pay US$5.6 billion for NV Energy. Photo: AP
MidAmerican Energy Holdings, which is controlled by billionaire investor Warren Buffett will pay US$5.6 billion for NV Energy. Photo: AP
READ FULL ARTICLE