> Warren Buffett Blog: Windpower could be promising sector

Monday, December 30, 2013

Windpower could be promising sector

Warren Buffett’s utility company, MidAmerican Energy Holdings, has made a purchase offer of an estimated $1 billion dollars worth of wind turbines. 

Buffett's Wind Turbines purchase is proof that wind power is getting more competitive compared with other types of energy sources(mainly compared with fossil fuels). 

Buffett’s purchase, the largest ever in the land-based wind industry, will be spent on projects across Iowa, USA.