November 2, 2024

Berkshire Hathaway Energy (BHE)

Sempra Outmuscles Berkshire for Oncor
Sempra Energy announced a $9.45 billion cash deal to acquire bankrupt Energy Future Holdings and its 80% interest in Texas utility Oncor.
Berkshire Hathaway Energy Earnings Up on Solar Rebound
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.
Report: Warren Buffett’s Berkshire Nears Deal to Buy Oncor
The Wall Street Journal reported that Buffett's Berkshire Hathaway Energy is close to announcing its intent to acquire Oncor.
UPDATED: PUCT Staff Welcomes Buffett’s Oncor Bid; Debtor Miffed
The Berkshire Hathaway Energy bid for Oncor won an immediate endorsement from a key PUCT official Friday, but it may have to overcome a top investor.
FERC Upholds Berkshire Market-Based Rate Ruling
FERC denied the Berkshire Hathaway Energy request to rehear a ruling prohibiting the company’s subsidiaries from selling electricity at market-based rates.
Berkshire Affiliates Refund $95K After Market-Based Rate Ruling
Berkshire Hathaway Energy affiliates NV Energy and PacifiCorp refunded nearly $95K to customers after FERC revoked their market-based rate authority.
Governance Plan Critics Urge Slowdown of Western RTO Development
Critics say CAISO is moving too quickly in its effort to get a plan for a Western RTO to California lawmakers before legislative session's end.
With Oncor Back on the Market, Multiple Suitors Line Up
Interest in bankrupt Energy Future Holdings’ Texas transmission and delivery subsidiary Oncor continues to grow, even as the troubled company struggles.
Berkshire Contests Market-Based Sales Restriction in West
Berkshire Hathaway Energy is contesting FERC’s June decision to revoke the ability of the company’s subsidiaries to sell power at market-based rates.
Berkshire Market-Based Sales Restricted in 4 Western BAAs
FERC  revoked authorization for Berkshire Hathaway Energy subsidiaries to sell wholesale power at market-based rates in four  balancing authority areas.

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