Berkshire’s Abel Builds Buffett Energy Unit With NV

Berkshire’s Abel Builds Buffett Energy Unit With NV Play

May 30 (Bloomberg) -- Greg Abel, who helped build Berkshire Hathaway Inc.’s utility business MidAmerican Energy Holdings Co., is showing that he’s earned the trust of his boss, Warren Buffett, after striking a $5.6 billion deal for NV Energy Inc. The transaction stands to make Abel’s unit, which already operates in states including Iowa, Oregon and Utah, the largest U.S. utility owner by customer accounts. Noah Buhayar reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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