Berkshire Hathaway acquired NV Energy, Inc. (via MidAmerican / Berkshire Hathaway Energy) for Approximately $5.6 billion, a transaction completed in December 2013, structured as all cash.
NV Energy, Inc. (via MidAmerican / Berkshire Hathaway Energy) operates in Energy / regulated utilities, is based in Nevada. MidAmerican (now Berkshire Hathaway Energy) acquired all outstanding common stock of NV Energy for about $5.6 billion, adding a Nevada energy holding company whose regulated utilities, Nevada Power Company and Sierra Pacific Power Company, serve roughly 1.2 million electric and 0.2 million natural gas customers. The purchase was funded largely by Berkshire-provided equity (about $3.5 billion) plus utility-level debt.
Predictable regulated returns and a growing Western service territory.
On December 19, 2013, MidAmerican completed its acquisition of NV Energy, Inc.... MidAmerican purchased all outstanding shares of NV Energy's common stock for cash of approximately $5.6 billion.Berkshire Hathaway FY2013 10-K, Business Acquisitions note
Advisory firms were not disclosed for this transaction.