May 27, 2005

Warren Buffett, Pacificorp, And Institutional Change In Electricity

Lynne Kiesling For years Warren Buffett has been saying that there is a lot of untapped, uncreated value to be unleashed in the electricity industry. Berkshire Hathaway’s acquisition of PacifiCorp, a retail utility in the Pacific Northwest, is its first large acquisition in seven years. Long-time KP readers know that this is the kind of …

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