Gibson Leads Berkshire Unit In 81-MW Wind Farm Buy

Law360, New York (January 20, 2012, 2:02 PM EST) -- MidAmerican Energy Holdings Co., the power business of Warren Buffett's Berkshire Hathaway Inc., will add an 81-megawatt Illinois turbine project to its wind portfolio — the country's fourth biggest — from a Chicago-based developer, the company said Friday.

MidAmerican has paid Invenergy Wind LLC an undisclosed amount to acquire the Bishop Hill II installation near Peoria, Ill. Construction began in November, and the project is scheduled to come online in the fourth quarter of this year.

Its power is under a 20-year purchase agreement signed in...
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