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Warren Buffett snaps up US solar farms in $2bn deal

2013-01-03 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Legendary investor Warren Buffett has again moved to beef up his renewable energy portfolio, shelling out between $2bn and $2.5bn to acquire two large-scale solar projects from California-based SunPower Corp. Buffett's clean energy investment vehicle, MidAmerican Solar, announced yesterday that it has bought development rights to two co-located solar photovoltaic farms in the Antelope Valley with a combined capacity of 579MW. SunPower confirmed in an SEC filing that MidAmerican will pay between...

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