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Sunday, December 11, 2011

Buffett Buys Big Solar Farm - Forbes

Buffett Buys Big Solar Farm - Forbes: "Warren Buffett‘s wind-energy company plunged into solar energy this afternoon, agreeing to purchase the Topaz Solar Farm project in Central California for more than $2 billion, the company announced.

In 2000, Berkshire Hathaway and other investors paid roughly the same amount to purchase MidAmerican Energy Holdings. MidAmerican entered agreements to acquire the 550-megawatt plant on the Carrizo Plain, one of California’s last large expanse of prairie, according to this afternoon’s press release. "

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