Staff Reports

Back to: News
December 19, 2013
Follow News

$10 billion NV Energy merger complete

The $10 billion merger of NV Energy and MidAmerican Energy Holdings Co., which is partially owned by Warren Buffett, was completed today after the companies received final state and federal regulatory approvals. The Public Utilities Commission of Nevada, the Federal Energy Regulatory Commission and the U.S. Department of Justice have cleared the merger. NV Energy will operate as a separate, locally managed company, and will continue to be headquartered in Las Vegas. It will continue to serve its 1.3 million electric and natural gas customers in Nevada. “NV Energy will remain a Nevada company, committed to the people of this …

Explore Related Articles

Trending in: News

The Record Courier Updated Dec 30, 2013 06:55PM Published Dec 19, 2013 05:34PM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.