MidAmerican Buys NV Energy In Synergistic Deal – ValueWalk Premium

MidAmerican Buys NV Energy In Synergistic Deal

MidAmerican Energy Holdings Co’s agreement to purchase NV Energy, Inc. (NYSE:NVE) would be an attractive complement to the Berkshire Hathaway subsidiary’s existing business portfolio, according to Bank of America Merrill Lynch.

In its credit analysis research report, BofAML research team believes the Nevada-based power provider NV Energy’s desire to invest in renewable and related transmission assets in Nevada parallels MidAmerican’s significant investments in wind and solar generation.


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