A news release says this new name more accurately reflects the company's growing, diversified mix of businesses and the customers they serve. At the same time, it 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.
MidAmerican Geothermal, a subsidiary of Berkshire Hathaway Energy subsidiary MidAmerican Renewables, is a Calipatria, California-based geothermal power producer. The company has a 50 percent interest in 10 geothermal facilities in California’s Imperial Valley that have the capacity to produce up to 327 megawatts.
