MidAmerican Energy Holdings Company Achieves Final Regulatory Approval in Acquisition of PacifiCorp.DES MOINES, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, -- Final regulatory approval of the MidAmerican Energy Holdings Company MidAmerican Energy Holdings Company is a holding company controlled by Berkshire Hathaway. MidAmerican holds the following companies:
The six state public utility commissions in PacifiCorp's service area - the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, , Idaho Public Utilities Commission, Oregon Public Utility Commission, Public Service Commission of Utah, Washington Utilities and Transportation Commission The Washington Utilities and Transportation Commission (UTC) is a three-member board appointed by the Governor of Washington and confirmed by the Washington State Senate to six year terms. and Wyoming Public Service Commission - have issued final written orders approving the acquisition of PacifiCorp from ScottishPower by MidAmerican Energy Holdings Company. The transaction also has received regulatory approval from the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. and the Nuclear Regulatory Commission Nuclear Regulatory Commission (NRC), an independent U.S. government commission, created by the Energy Reorganization Act of 1974 and charged with licensing and regulating civilian use of nuclear energy to protect the public and the environment. and clearance from the Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (Public Law 94-435, known commonly as the HSR Act) is a set of amendments to the antitrust laws of the United States, principally the Clayton Antitrust Act. The HSR Act was signed into law by President Gerald R. of 1976. "We are pleased to have completed the regulatory approval process in just 10 months from the date the transaction was announced May 24, 2005," said Greg Abel, president of MidAmerican Energy Holdings Company. "We appreciate the thorough and efficient review of the transaction by regulatory officials and parties to the proceedings in each state." Approximately 1.6 million customers in six Western states look to PacifiCorp for safe, reliable electrical service. PacifiCorp is one of the lowest-cost electricity producers in the United States with a generation capacity of 8,261 megawatts. For more information, visit www.pacificorp.com. MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. Through its energy-related business platforms - MidAmerican Energy Company, CE Electric UK, Kern River Gas Transmission Company, Northern Natural Gas Company and CalEnergy - MidAmerican provides electric and natural gas service to 5 million customers worldwide. Information on MidAmerican is available on the Internet at www.midamerican.com. |
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