April 30, 2014
MidAmerican Energy Holdings Company is pleased to announce it has changed its name to Berkshire Hathaway Energy, effective immediately.
This new name more accurately reflects our growing, diversified mix of businesses and the customers they serve. It also reinforces the company’s strategy to own and operate a portfolio of high-quality assets, grow and diversify through a disciplined acquisition strategy, and build and maintain strong stakeholder relationships. The businesses of Berkshire Hathaway Energy will continue to be managed locally, and the names and operations of our businesses will not be affected.
“Our new name reflects the benefits we gain from Berkshire Hathaway’s ownership, particularly our ability to reinvest in our businesses and take a long-term view of our customers’ needs, which have helped us become a leader in the global energy industry,” said Greg Abel, chairman, president and CEO. “Our vision remains unchanged – to be the best energy company in serving our customers, while delivering sustainable energy solutions.”
About Berkshire Hathaway Energy
Berkshire Hathaway Energy owns a portfolio of locally managed businesses that share a vision for the energy future, make sustainable investments to achieve that vision, and had $70 billion of assets as of Dec. 31, 2013. These businesses deliver safe, reliable service each day to more than 8.4 million customers and end-users around the world and consistently rank high among energy companies in customer satisfaction. Berkshire Hathaway Energy is headquartered in Des Moines, Iowa, U.S.A.
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