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Berkshire Hathaway now owns 100% of BHE, but the utility giant has been a weak spot for the conglomerate

By CNBC   |   Oct 6, 2024 at 07:46 AM EST
Berkshire Hathaway now owns 100% of BHE, but the utility giant has been a weak spot for the conglomerate

Warren Buffett acquired full control of Berkshire Hathaway Energy after purchasing the remaining 8% stake for $2.37 billion. The utility arm has faced challenges including wildfires and regulatory issues, leading to a drop in valuation.

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