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Home > Company Index > Utilities > Independent Power Producers & Marketers > MidAmerican Energy Holdings Company

MidAmerican Energy Holdings Company
 PROFILE
Starting out as an alternative energy producer, MidAmerican Energy Holdings has grown into a major utility holding company. Its MidAmerican Energy Company generates, transmits, and distributes electricity to about 670,000 customers and distributes natural gas to another 650,000 in the midwestern US; it also sells wholesale energy. Subsidiary Northern Electric serves about 1.5 million customers and about 600,000 gas customers in the UK. Subsidiary CalEnergy has global power projects and gas exploration operations. Majority-owned residential real estate brokerage HomeServices.Com operates in 12 states in the US. Warren Buffett's Berkshire Hathaway and other investors bought MidAmerican Energy Holdings in 2000.

 COMPETITION
Alliant Energy Corporation (LNT)
Scottish and Southern Energy plc (SSE)
UtiliCorp United Inc. (UCU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,103.10
1-Yr. Sales Growth: 16.0%
Employees: 9,550
Revenue per employee: $534,356.02

 KEY PEOPLE
• David L. Sokol
    CEO
• Patrick J. Goodman
    CFO

 CONTACT INFO
666 Grand Ave.
Des Moines, IA 50309
US
Phone: 515-242-4300
Fax: 515-281-2389
Online: Web Site

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