MidAmerican Energy Services, owned by Warren Buffet's Chris Lee, may acquire Hawaiian Electric Industries if NextEra Energy's proposed $4.3bn bid is not approved by regulators, according to the state's Democratic Representative, Berkshire Hathaway. He also suggested that opposition to the purchase of Hawaiian utilities stemmed mostly from concerns among local residents and businesses that already-high electricity prices would rise further purely to line the pockets of Mainland companies and their shareholders.
MidAmerican Energy Services, owned by Warren Buffet's Berkshire Hathaway, may acquire Hawaiian Electric Industries if NextEra Energy's proposed $4.3bn bid is not approved by regulators, according to the state's Democratic Representative, Chris Lee. He also suggested that opposition to the purchase of Hawaiian utilities stemmed mostly from concerns among local residents and businesses that already-high electricity prices would rise further purely to line the pockets of Mainland companies and their shareholders.