MidAmerican Energy Holdings Company Announces Expansion in the Renewable Energy Market

MidAmerican Renewables, LLC will oversee wind, geothermal, solar and hydro projects that produce energy to be sold in the renewables market.

DES MOINES, Iowa--Today, MidAmerican Energy Holdings Company announced it has established a new business to support the company's move into the unregulated renewables market. MidAmerican Renewables, LLC will oversee wind, geothermal, solar and hydro projects that produce energy to be sold in the renewables market.


"We look forward to expanding our wind, geothermal, solar and hydro portfolio, so we can offer energy in the renewables market. We believe the need for renewable energy will continue to grow, and we are excited to be a leader in this area."

Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company, said the new business welcomes opportunities for growth.

"MidAmerican Renewables is open for business," said Abel. "We look forward to expanding our wind, geothermal, solar and hydro portfolio, so we can offer energy in the renewables market. We believe the need for renewable energy will continue to grow, and we are excited to be a leader in this area."

MidAmerican Renewables will be based in Des Moines, Iowa, and will encompass MidAmerican Wind, LLC; MidAmerican Geothermal, LLC; MidAmerican Solar, LLC; MidAmerican Hydro, LLC; and project development and commercial management.

Bill Fehrman, president and CEO of MidAmerican Energy Company, has been named president of MidAmerican Renewables. Fehrman's current role at MidAmerican Energy Company will remain unchanged. MidAmerican Energy Company is a regulated utility, providing electric and natural gas service to customers in Iowa, Illinois, Nebraska and South Dakota.

Tom Budler, MidAmerican Energy Company's general manager of wind development, has been promoted to president of MidAmerican Wind. Budler will have responsibility for unregulated wind-powered generation projects, including the 81-megawatt Bishop Hill II project in Henry County, Ill. Adam Wright, Northern Natural Gas Company's vice president of marketing, has been promoted to vice president of wind development for MidAmerican Energy Company and succeeds Budler.

Paul Caudill has been named president of MidAmerican Solar, which will be located in Phoenix, Ariz. Caudill will have responsibility for MidAmerican's recently announced solar projects: the 550-megawattAC Topaz project in San Luis Obispo County, Calif., and the 290-megawattAC Agua Caliente project in Yuma County, Ariz. Caudill joins MidAmerican Renewables from Phoenix Solar, where he was president and CEO.

Kevin Dodson, MidAmerican Energy Company's director of environmental programs, compliance and permitting, has been promoted to vice president of project development and commercial management for MidAmerican Renewables. Dodson will serve the entire MidAmerican Renewables organization, with a focus on development and acquisition activities. Reporting to Dodson are project managers Gary Hood and Alicia Knapp. Jennifer McIvor, senior environmental coordinator for MidAmerican Energy Company, succeeds Dodson as director of environmental programs, compliance and permitting.

CalEnergy U.S. will become part of the MidAmerican Renewables organization, and Steve Larsen, president of CalEnergy U.S., also will be president of MidAmerican Geothermal.

Rob Lasich, MidAmerican Energy Holdings Company vice president and general counsel-procurement, has been named vice president and general counsel for MidAmerican Renewables. Bob Garman joins MidAmerican Renewables as assistant general counsel, reporting to Lasich. Garman most recently served as assistant general counsel at Mutual of Omaha Companies in Omaha, Neb.

MidAmerican Energy Holdings Company
MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. Through its energy-related businesses, MidAmerican provides electric and natural gas service to more than 6.9 million customers worldwide. These businesses are Pacific Power, Rocky Mountain Power and PacifiCorp Energy, comprising PacifiCorp; MidAmerican Energy Company; Northern Powergrid Holdings Company; Northern Natural Gas Company; Kern River Gas Transmission Company; MidAmerican Renewables, LLC; and CalEnergy Philippines. Information about MidAmerican is available at www.midamerican.com.

MidAmerican Renewables, LLC
MidAmerican Renewables, LLC oversees wind, geothermal, solar and hydro projects in the unregulated renewables market. MidAmerican Renewables is headquartered in Des Moines, Iowa, and has offices in Phoenix, Ariz., and Calipatria, Calif. Information about MidAmerican Renewables is available at www.midamericanrenewablesllc.com.

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