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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Cardude   😊 😞
Number: of 20397 
Subject: Is this the NV Energy Berkshire owns?
Date: 05/15/26 2:50 PM
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If so, it's not a great look for the 49,000 customers freaking out about to lose their power.

https://fortune.com/2026/05/12/lake-tahoe-data-cen...
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Author: hclasvegas   😊 😞
Number: of 20397 
Subject: Re: Is this the NV Energy Berkshire owns?
Date: 05/15/26 3:26 PM
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yep, I pay NV energy monthly. My payment is part of the quarterly div you will be receiving someday. ::))
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Author: rnam 🐝  😊 😞
Number: of 20397 
Subject: Re: Is this the NV Energy Berkshire owns?
Date: 05/15/26 3:36 PM
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Not a great look for whom?

The article clearly says that the power supply was supposed to be a temporary arrangement which has been repeatedly extended, but the Calif utility has failed to find an alternative. Seems they are an unfortunate victim of geography and a poor interstate electricity grid regulatory system, not one of callousness on part of NV Energy.
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Author: rogermunibond   😊 😞
Number: of 20397 
Subject: Re: Is this the NV Energy Berkshire owns?
Date: 05/15/26 3:38 PM
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Fortune is sourcing a nonprofit for this story and makes it out to be much worse than it is.

The local power utility has a new transmission link that connects Tahoe with more of the CalISO. Previously, there was no connection so they relied on NV Energy. The construciton of the new transmission link was expected and so was the change of wholesale power relationship. That's why they build the link.
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Author: Cardude   😊 😞
Number: of 20397 
Subject: Re: Is this the NV Energy Berkshire owns?
Date: 05/15/26 3:40 PM
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Ah Ok, apparantly my reading comprehension is off today. I was figuring it was a bad look for Berkshire, but I guess I missed some details.

Now off to take a nap...💤
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Author: Rabbitrr   😊 😞
Number: of 20397 
Subject: Re: Is this the NV Energy Berkshire owns?
Date: 05/15/26 3:56 PM
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From the article: "high wildfire risk area"
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