Siemens gets 'record' wind order from Warren Buffett

US billionaire Warren Buffett’s subsidiary firm has placed a wind turbine order claimed to be worth more than $1 billion (£0.6bn) with Siemens. The engineering and electronics giant will supply MidAmerican Energy Company, a subsidiary of Mr Buffett’s Berkshire Hathaway investment company, with 448 turbines for five different projects in Iowa. With a total capacity […]

‘Asia’s richest man’ buys Dutch waste and energy firm

A Hong Kong billionaire – considered to be the richest person in Asia and the eighth richest in the world according to Forbes – is buying a waste and renewable energy company in the Netherlands for HK$9.7 billion (£805.3m). Four companies controlled by Li Ka-shing (pictured) including Cheung Kong Infrastructure Holdings (CKI) entered into an […]

Warren Buffett’s $2.5bn solar deal

US billionaire Warren Buffett’s subsidiary firm has struck a deal with Sunpower to build what could be the largest solar development in the world. MidAmerican Solar, a subsidiary of Mr Buffett’s Berkshire Hathaway investment company, announced it has acquired two solar projects in California for which it will pay between $2 billion (£1.2bn) to $2.5 […]