Berkshire Hathaway Energy Co - Company Profile
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Berkshire Hathaway Energy Co (BHE), a subsidiary of Berkshire Hathaway Inc, generates, transmits, stores, distributes and supplies electricity. The company procures, transports, distributes and sells natural gas through its subsidiaries. It generates power through diversified energy sources such as natural gas, steam, hydroelectric, coal, wind, solar, geothermal, and nuclear. The company also provides traditional residential real estate brokerage services, and other integrated real estate services such as title and closing services; mortgage originations and mortgage banking; home warranties; property and casualty insurance; relocation services; and other home-related services. It supplies electricity and gas to residential, industrial and commercial customers in the Western and Midwestern, the US, Canada and the UK. BHE is headquartered in Des Moines, Iowa, the US.
Headquarters
United States of America
Address
1615 Locust Street, Des Moines, Iowa, 50309-3037
Website
www.brkenergy.com
Telephone
1 515 2424300
No of Employees
23,800
Industry
Power
Revenue (2024)
$25.9B
Berkshire Hathaway Energy Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Transmission |
| Natural Gas | Storage Services |
| Residential Real Estate Brokerage | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In January, the company commenced the operations of AlbertaEx in Canada. |
| 2024 | Others | In October, the company announced to sell its remaining 8% stake to Berkshire Hathaway. |
| 2023 | Acquisitions/Mergers/Takeovers | In September, the company acquired 50% stake in Cove Point LNG from Dominion Energy. |
Competitor Comparison
| Key Parameters | Berkshire Hathaway Energy Co | Duke Energy Corp | Pacific Gas and Electric Co | American Electric Power Co Inc | Edison International |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Des Moines | Charlotte | Oakland | Columbus | Rosemead |
| State/Province | Iowa | North Carolina | California | Ohio | California |
| No. of Employees | 23,800 | 26,441 | 29,000 | 17,581 | 14,013 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gregory E. Abel | Chairman | Executive Board | 2018 | 64 |
| Mark A. Hewett | Director; Chief Executive Officer; President | Executive Board | - | 59 |
| Charles C. Chang | Director; Senior Vice President; Chief Financial Officer | Executive Board | - | 58 |
| Jennifer A. McIvor | Chief Environment and Sustainability Officer; Senior Vice President | Senior Management | - | 46 |
| Natalie L. Hocken | Director; Senior Vice President | Executive Board | - | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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