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MidAmerican Energy could buy FPL's assets: Bloomberg

Mon Jun 1, 2009 7:21pm EDT

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NEW YORK, June 1 (Reuters) - MidAmerican Energy Co, a utility company controlled by Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N), may buy wind-power assets from FPL Group Inc (FPL.N) instead of starting from zero with its own windmill farms, Bloomberg reported on Monday.

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A deal could help MidAmerican achieve a plan to add 1,001 megawatts of wind power capacity in Iowa, the No. 2 U.S. state in wind-power capacity, said Dean Crist, the company's vice president for regulatory affairs, according to Bloomberg.

FPL, the largest U.S. producer of wind and solar power, offered to sell Iowa assets to keep MidAmerican from building competing farms, Bloomberg said.

A representative of MidAmerican Energy was not immediately available to comment. (Reporting by Juan Lagorio, editing by Matthew Lewis, Gary Hill)

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