Dive Summary:
- Warren Buffett’s Berkshire Hathaway is the parent company of MidAmerican Energy based in Des Moines, Iowa. The largest energy company in Iowa, MidAmerican announced Wednesday its plan to spend $1.9 billion to install 656 wind turbines in various locations by 2015.
- Iowa governor Terry Branstad called the project the largest economic development project in the state's history.
- The new turbines can generate 1,050 megawatts of wind power, or 40% of the energy used by customers.
From the article:
“Iowa leads the nation in wind energy production, getting 24.5 percent of its electricity from wind power in 2012, according to the American Wind Energy Association's Annual Market Report for 2012.”