Warren Buffett in billion-dollar wind-farm upgrade deal

Major investor Warren Buffett has launched one the most extensive wind-farm repowering orders ever to take place in the US.

Renowned US investor Warren Buffett is to invest up to USD 1 billion through his energy-sector holding company PacifiCorp  in repowering the firm's turbines in the western US states of Washington and Wyoming, news service Rechargenews reports .

The repowering of 11 wind farms, corresponding to 898 MW of capacity, is one the largest deals of its kind in the US, in which owners replace older, and spent components with new and technologically-upgraded parts, thus extending the life-cycle of the equipment without needing to replace an entire unit.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Danish FSA issues warning over SFDR implementation

The Danish FSA, Finanstilsynet, states that asset managers are using the EU’s sustainable finance disclosure regulation to signify quality, which is not the point of the legislation. In fact, the FSA states it is the opposite of what the EU intended.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch