Warren Buffet Invests in Solar Farm

buffett-topaz-solarWarren Buffet and the Topaz Solar Farm

The day after the New Year, MidAmerican Energy Holdings Company, announced the purchase of two adjacent solar farms in the Antelope Valley developed by SunPower for $2 – 2.5 billion. MidAmerican is controlled by Warren Buffet’s Berkshire Hathaway.

The plants, located in Kern and Los Angeles counties, will generate 579 MW of green power for Southern California Edison. SunPower will build and operate the plants.

Buffet already has gone solar: MidAmerican owns the 550 MW Topaz Solar Farm built by First Solar in San Luis County, California, and has a 49% share of a 290 MW solar plant in Yuma, Arizona.

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