by Jason Simpkins
Back in the summer of 2014, Warren Buffett revealed that Berkshire Hathaway, through various subsidiaries, had invested $15 billion in solar and wind projects.
Buffett then added: “There’s another $15 billion ready to go, as far as I’m concerned.”
And with that, Berkshire Hathaway Energy (originally called MidAmerican Energy) was endowed with a mandate to dominate the fledgling renewable energy market, focusing heavily on solar power.
Its approach has been single-minded and deliberate.
With a series of monster acquisitions, the Berkshire subsidiary has transformed itself into the third-largest owner of solar assets in the country.