Berkshire Hathaway Energy

Berkshire Hathaway Energy Completes Acquisition of Additional Stake in Cove Point LNG

Retrieved on: 
Friday, September 1, 2023
Energy, Other Energy, Oil, Gas, Berkshire Hathaway, Berkshire Hathaway Energy, Partnership, Dominion, LP, BHE, Brookfield Infrastructure Partners, Cryptocurrency, Propane, Dominion Cove Point LNG

Berkshire Hathaway Energy today announced it has completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75%.

Key Points: 
  • Berkshire Hathaway Energy today announced it has completed the purchase of Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75%.
  • The ownership interest is held within BHE GT&S, LLC, a Berkshire Hathaway Energy business unit.
  • On July 10, 2023, Berkshire Hathaway Energy announced that it had reached an agreement to acquire Dominion Energy’s limited partnership interest in Cove Point LNG, LP, for cash consideration of $3.3 billion.
  • Paul Ruppert, president of BHE GT&S, said: “We are pleased for this opportunity to own a greater stake in the Cove Point LNG business.

Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG

Retrieved on: 
Monday, July 10, 2023
Energy, Other Energy, Oil, Gas, Berkshire Hathaway Energy, Dominion Cove Point LNG, Partnership, LP, Hand, Investment, BHE, Brookfield Infrastructure Partners, Propane

Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business.

Key Points: 
  • Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business.
  • Subject to applicable regulatory approvals, the purchased interest will be held within BHE GT&S, LLC, a Berkshire Hathaway Energy business unit.
  • Upon closing, Berkshire Hathaway Energy will own a 75% limited partnership stake in Cove Point LNG, LP.
  • A subsidiary of Brookfield Infrastructure Partners holds the remaining 25% limited partnership interest in Cove Point LNG, LP.

Hydrostor Boosts Global Government Relations, Policy and Regulatory Affairs Team with Addition of Two Industry Veterans

Retrieved on: 
Monday, June 26, 2023
Berkshire Hathaway Energy, Senior, PacifiCorp, Policy, Electricity, Public policy, Human, Government, Transmission, Knowledge, Regulatory affairs, Compressed air, Legislation, Management, Renewable energy

TORONTO, CANADA, June 26, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution developer and operator, announced today the addition of Scott Bolton and Sarah Griffiths to lead the company’s global government relations, policy and regulatory affairs function.

Key Points: 
  • TORONTO, CANADA, June 26, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution developer and operator, announced today the addition of Scott Bolton and Sarah Griffiths to lead the company’s global government relations, policy and regulatory affairs function.
  • Scott Bolton joins Hydrostor as Executive Vice President, Global Policy & Regulatory Affairs and brings with him a diverse background in public policy, commercial and regulatory strategy, and government relations.
  • While at PacifiCorp he was instrumental in the development of several landmark clean energy and decarbonization policies at the state and federal levels.
  • Sarah Griffiths joins the Hydrostor team as Vice President, Government & Regulatory Affairs based at our Toronto office.

Iowans and Nebraskans Rally for a Coal-Free Future Outside Berkshire Hathaway Shareholder Meeting

Retrieved on: 
Thursday, May 11, 2023
Berkshire Hathaway, Berkshire Hathaway Energy, State, Lobbying, MidAmerican Energy Company, Education, Atmosphere, Sierra Club, Sierra, IA, AP, State Energy Program (United States), Public policy, Nebraskans For Peace, Organization, Coal, EPA, Environmental law, Nature, Water, Council, IEC, Moms Clean Air Force, Missouri River, Climate, Health, CO2, Deadly Impact, COBRA, Oil, Renewable energy

OMAHA, Neb., May 08, 2023 (GLOBE NEWSWIRE) -- Iowans and Nebraskans joined together for a coal-free future rally outside the annual Berkshire Hathaway shareholder meeting in Omaha on Saturday, May 6.

Key Points: 
  • OMAHA, Neb., May 08, 2023 (GLOBE NEWSWIRE) -- Iowans and Nebraskans joined together for a coal-free future rally outside the annual Berkshire Hathaway shareholder meeting in Omaha on Saturday, May 6.
  • Numerous organizations hosted the rally, including the Iowa Environmental Council, Sierra Club, Great Plains Action Society and the Clean Up MidAm Coalition.
  • According to the “ Benchmarking Air Emissions ” report, Berkshire Hathaway Energy had the fourth-highest CO2 emission  among electric power producers in the U.S. while generating the ninth-most electricity.
  • We work on federal, state, and local public policy issues to ensure a just, healthy environment and sustainable future for all Iowans.

Index AR Solutions Digital Line Mechanic Apprenticeship Course for College Classroom Expands to Meet Skilled Worker Demand

Retrieved on: 
Wednesday, May 3, 2023
Technology, Mobile, Wireless, Audio, Video, Other Energy, Utilities, Apps, Applications, Training, Energy, Other Education, University, Other Technology, Software, Education, Internet, Berkshire Hathaway Energy, Learning, Mechanics, Partnership, Electric utility, Workplace, Augmented reality, Safety, Curriculum, MidAmerican Energy Company, Transformer, Tablet, DMACC, Student, Berkshire Hathaway, Des Moines Area Community College, Faculty, DEI, NYSE, AR, Ebook, Nursing, Publishing, Tutoring, Management, Index

Index AR Solutions, a leading creator of digital workforce training, announced that Des Moines Area Community College (DMACC) is doubling the class size of a new digital curriculum-based line mechanic course in the fall of 2023 following positive results and feedback from its first offering.

Key Points: 
  • Index AR Solutions, a leading creator of digital workforce training, announced that Des Moines Area Community College (DMACC) is doubling the class size of a new digital curriculum-based line mechanic course in the fall of 2023 following positive results and feedback from its first offering.
  • (Photo: Business Wire)
    Under the terms of a teaming agreement, Index implemented an immersive, multimodal digital curriculum for classroom instruction at DMACC that gives students the exact skills and information needed to be hired as a power line mechanic.
  • The curriculum was based on modern, field-proven training materials that Index created with MidAmerican using eBooks and mobile apps delivered via tablets.
  • “We are inspired by this groundbreaking educational initiative, powered by Index eBooks and apps,” said Dan Arczynski, CEO at Index AR Solutions.

Iowa Environmental Council: Three Things You Won't Hear Onstage at the Berkshire Hathaway Shareholder Meeting

Retrieved on: 
Tuesday, May 2, 2023
Berkshire Hathaway, Berkshire Hathaway Energy, Insurance, Benchmarking, Public utility, Lobbying, Noise, Education, Atmosphere, Sierra, Sierra Club, State Energy Program (United States), Public policy, MidAmerican Energy Company, BHE, Berkshire, Coal, Wind, Organization, Environmental law, Climate change, Investment, Nature, Risk, Water, Council, IEC, Moms Clean Air Force, Missouri River, Climate, Health, CO2, PR, Renewable energy

As shareholders, media, and onlookers descend on Omaha in May for the annual Berkshire Hathaway shareholder meeting, the utopian spectacle hides dark realities.

Key Points: 
  • As shareholders, media, and onlookers descend on Omaha in May for the annual Berkshire Hathaway shareholder meeting, the utopian spectacle hides dark realities.
  • "It's past time investors put their money where their talking points are," said Kerri Johannsen, Energy Program Director with the Iowa Environmental Council.
  • Often at its shareholder meeting, Berkshire highlights its energy companies like MidAmerican Energy in Iowa for their renewable energy leadership.
  • The Sierra Club is America's largest and most influential grassroots environmental organization, with more than 3.5 million members and supporters.

AEP NAMES SMYTH EXECUTIVE VICE PRESIDENT GRID SOLUTIONS & GOVERNMENT AFFAIRS, ANNOUNCES ORGANIZATIONAL CHANGES

Retrieved on: 
Thursday, April 6, 2023
Berkshire Hathaway Energy, Ohio State University, American Electric Power, Business development, Portfolio optimization, Public utility, Transformation, University, AEP, Economy, Electricity, Multimedia, Carbon, FERC, Indiana Michigan Power Center, Federal Energy Regulatory Commission, Smyth, Regional transmission organization (North America), COSI, Investment, Corporate finance, Knowledge, Foreign policy, Indian Radio Regulatory Service, Community marketing, Professional Football Compensation Committee, Agency for Strategic Initiatives (Russia), Economics, Compensated emancipation, Management, Renewable energy, Sloat, Texas Panhandle, Policy

Antonio Smyth, currently senior vice president, Grid Solutions, has been named executive vice president, Grid Solutions and Government Affairs.

Key Points: 
  • Antonio Smyth, currently senior vice president, Grid Solutions, has been named executive vice president, Grid Solutions and Government Affairs.
  • AEP's executive vice president of External Affairs position is being eliminated, and the responsibilities have been realigned.
  • Regulatory Services will now report to David Feinberg, executive vice president, general counsel and secretary.
  • Smyth, 47, has been senior vice president, Grid Solutions, since 2021.

Atmos Energy Leads Energy Utilities in Customer Satisfaction as Overall Industry Remains Stable, ACSI Data Show

Retrieved on: 
Tuesday, March 21, 2023
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Consumer, Other Consumer, Atmos, Berkshire Hathaway Energy, Xcel Energy, Public Service Enterprise Group, University, Salt River Project, ACSI, PPL, FirstEnergy, WEC Energy Group, DTE Energy, Electricity, Water, Atmos Energy, Multimedia, PG, American Electric Power, Marketing, Assistant, CenterPoint Energy, American Customer Satisfaction Index, CPS Energy, Los Angeles Department of Water and Power, National Grid, Dominion Energy, Entergy, Edison International, Natural gas, Michigan State University, CMS Energy, Consolidated Edison, Weather, PG&E, Environment, NiSource, NextEra Energy, Cryptocurrency, Renewable energy, Lithium, Exelon, Politico, Ameren, Sempra

Residential customer satisfaction with the energy utilities industry is steady at 72 (on a scale of 0 to 100), according to the American Customer Satisfaction Index Energy Utilities Study 2022-2023 .

Key Points: 
  • Residential customer satisfaction with the energy utilities industry is steady at 72 (on a scale of 0 to 100), according to the American Customer Satisfaction Index Energy Utilities Study 2022-2023 .
  • Satisfaction with natural gas service is unchanged at 75 and remains ahead of electricity, which increases 1.4% to 72.
  • “All things considered, the 2023 results suggest energy utilities are continuing to provide relatively high levels of customer service.”
    Atmos Energy replaces CenterPoint Energy in first place, while CPS Energy makes significant progress
    Atmos Energy leads all energy utilities providers after improving 1% to an ACSI score of 77.
  • “Residential customer satisfaction relies heavily on a utility’s ability to provide reliable service and restore power following an outage,” added Morgeson.

IFM Net Zero Infrastructure Fund Completes GreenGas Acquisition, Marking Next Era of Growth for Renewable Energy Company

Retrieved on: 
Monday, March 20, 2023
Environment, Climate Change, Finance, Oil, Gas, Professional Services, Sustainability, Green Technology, Energy, Asset Management, Berkshire Hathaway Energy, Duke University, Mercedes-Benz, Infrastructure, Farmer, RNG, Carbon, Retirement, Acquisition, Growth, Renewable energy, Bmp greengas

IFM Investors is pleased to announce that the IFM Net Zero Infrastructure Fund (“NZIF”) has completed the acquisition of a majority interest in GreenGasUSA (“GreenGas”), a US-based renewable natural gas (“RNG”) developer, owner and operator.

Key Points: 
  • IFM Investors is pleased to announce that the IFM Net Zero Infrastructure Fund (“NZIF”) has completed the acquisition of a majority interest in GreenGasUSA (“GreenGas”), a US-based renewable natural gas (“RNG”) developer, owner and operator.
  • The Company utilizes mature technologies to capture, purify and transport biogas from existing organic waste streams for its end use as pipeline quality RNG.
  • GreenGas’ key offtake partners include investment grade commercial & industrial customers, such as Mercedes-Benz, Berkshire Hathaway Energy and Duke University.
  • “We believe that our investment in GreenGas will help IFM deliver on its purpose to protect & grow the long-term retirement savings of working people.”

Leaders Break Ground on $500,000,000 Investment to Build Global Aerospace Manufacturing Hub Powered by Renewable Energy Microgrid

Retrieved on: 
Saturday, March 4, 2023
Berkshire Hathaway, Aluminium, Solar energy, Cell, PCC, Berkshire Hathaway Energy, Investment, TIMET, BHE, Economic development, Partnership, Booker T. Washington State Park (West Virginia), Inflation Reduction Act of 2022, Dan Sullivan (U.S. senator), Legislature, Precision Castparts Corp., LFP, Inflation, ONE, Renewable energy

A groundbreaking event was held on more than 2,000 acres of land in Jackson County, West Virginia.

Key Points: 
  • A groundbreaking event was held on more than 2,000 acres of land in Jackson County, West Virginia.
  • BHE Renewables, a Berkshire Hathaway Energy business, is developing the property into a first-of-its-kind solar energy microgrid-powered industrial site.
  • To ensure access to solar energy even when the sun doesn’t shine, BHE Renewables has selected ONE – Our Next Energy, Inc. – as its partner for large-scale battery storage.
  • As a result, West Virginia is now at the forefront of renewable energy microgrid-powered manufacturing.