Sunday, July 13, 2014





MidAmerican to buy 2 Calif. Solar power projects


February 20. 2013 12:29AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) MidAmerican Energy is buying two solar power projects under construction in Southern California from SunPower Corp. that will generate 579 megawatts of electricity.


MidAmerican agreed to pay between $2 billion and $2.5 billion for the projects, to be completed in 2015.


MidAmerican says the Antelope Valley Solar Projects will provide power to Southern California Edison.


MidAmerican, which is part of Warren Buffett's Omaha, Neb.-based Berkshire Hathaway Inc., agreed last fall to buy two California wind farms north of Los Angeles that can generate 300 megawatts of peak electric capacity.


MidAmerican is based in Des Moines, Iowa. The deal will give its renewable power subsidiary 1,830 megawatts of wind, geothermal, solar and hydro power production.


SunPower shares rose 33 cents, or 5.9 percent, to $5.95 in morning trading.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds