Buffett Energy Unit Weighs Debt Sale for Solar Farm
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MidAmerican Energy Holdings Co., the power producer at Warren Buffett’s Berkshire Hathaway Inc., said it’s weighing whether to sell more bonds in 2013 to finance a $2.4 billion solar venture in California.
The issuance is being considered for the first half of next year at Topaz Solar Farms LLC, the MidAmerican unit of Omaha, Nebraska-based Berkshire said today in a regulatory filing. In February, Topaz issued $850 million in 5.75 percent bonds due in September 2039 to help fund the 550-megawatt project.