Buffett's MidAmerican Orders 258 Siemens Wind Turbines

MidAmerican Energy and Siemens Energy, Inc. have entered into a turbine supply agreement for 258, 2.3-megawatt turbines – a total of 593.4 megawatts, which is enough to power 190,000 homes. The turbines will be erected in Cass, Adams, Marshall, Calhoun and Adair counties during 2011.

Additionally, MidAmerican Energy and RPM Access have entered into an asset purchase agreement pursuant to which MidAmerican Energy would acquire RPM Access’ Laurel Wind Project, near Laurel, Iowa, where approximately 52 of the Siemens turbines are planned to be located.

MidAmerican Energy began building wind energy projects in 2004 and has made these investments without raising customers’ base electric rates. The company has kept base electric rates stable since 1995.

MidAmerican Energy's other wind projects are located near Schaller, Blairsburg, Carroll, Pomeroy, Charles City, Adair and Walnut, Iowa, and total 1,284.3 megawatts of wind generation. MidAmerican Energy is No. 1 in the nation among rate-regulated utilities in terms of wind generation ownership. When the 593.4-megawatt expansion project is complete, approximately 26 percent of MidAmerican Energy's total generation capacity will come from wind.

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