Berkshire Hathaway Energy Subsidiaries File Q2 2025 Reports

TL;DR

Berkshire Hathaway Energy's utility empire is ticking along, showing stable regulatory compliance across its diverse energy holdings.

AI Summary

This 10-Q filing for the period ending June 30, 2025, primarily details the corporate structure and filing entities under Berkshire Hathaway Energy Co., including MidAmerican Energy Co., PacifiCorp, Sierra Pacific Power Co., Eastern Gas Transmission & Storage, Inc., and MidAmerican Funding LLC. While specific revenue and net income figures are not provided in the excerpt, the filing indicates a diverse portfolio of utility and energy transmission companies. Key business changes are not explicitly stated, but the historical name changes for MidAmerican Energy Holdings Co. and PacifiCorp suggest past corporate restructurings. Risks are not detailed in this excerpt, but inherent risks in the utility sector include regulatory changes and infrastructure investments. The strategic outlook for these entities likely involves continued investment in energy infrastructure and maintaining reliable service, as is typical for regulated utilities. The filing confirms the operational status and regulatory compliance of these significant energy providers.

Why It Matters

This filing provides transparency into the operational entities under Berkshire Hathaway Energy Co., a major player in the utility sector. For investors, understanding the structure of these regulated utilities like MidAmerican Energy Co. and PacifiCorp is crucial for assessing the stability and long-term growth potential of the parent company. Employees benefit from the continued regulatory compliance and operational stability indicated by these routine filings. Customers of these utilities can be assured of ongoing regulatory oversight. In the broader market, these filings highlight the significant footprint of Berkshire Hathaway Energy in the electric and gas transmission sectors, influencing competitive dynamics and infrastructure development across multiple states.

Risk Assessment

Risk Level: low — The provided excerpt is primarily administrative, detailing corporate identities and filing information for various subsidiaries of Berkshire Hathaway Energy Co. It does not contain financial performance data or specific risk disclosures, which typically would be found in the full 10-Q. Therefore, based solely on this administrative data, the immediate risk level is low as it indicates routine regulatory compliance rather than new or heightened operational or financial risks.

Analyst Insight

Investors should view this administrative filing as a confirmation of ongoing regulatory compliance for Berkshire Hathaway Energy's subsidiaries. While not providing financial specifics, it reinforces the stable, regulated nature of these utility assets. Investors should look to the full 10-Q for detailed financial performance and risk factors before making any investment decisions.

Key Numbers

• 20250630 — Conformed Period of Report (End date of the reporting period for the 10-Q filing.)
• 20250804 — Filed As Of Date (Date the 10-Q filing was officially submitted.)
• 001-14881 — SEC File Number (SEC file number for Berkshire Hathaway Energy Co.)
• 0001081316 — Central Index Key (CIK) (CIK for Berkshire Hathaway Energy Co.)
• 4900 — Standard Industrial Classification (SIC) (SIC for Electric, Gas & Sanitary Services for Berkshire Hathaway Energy Co.)
• 19990519 — Date of Name Change (Date MidAmerican Energy Holdings Co. /NEW/ changed its name.)
• 19890628 — Date of Name Change (Date PC/UP&L MERGING CORP changed its name to PacifiCorp /ME/.)
• 20220706 — Date of Name Change (Date Eastern Gas Transmission & Storage, Inc. changed its name.)
• 242 — Public Document Count (Number of public documents associated with this filing.)
• 515-242-4300 — Business Phone (Business phone number for MidAmerican Energy Co.)

Key Players & Entities

• MIDAMERICAN ENERGY CO (company) — subsidiary of Berkshire Hathaway Energy Co.
• BERKSHIRE HATHAWAY ENERGY CO (company) — parent company
• PACIFICORP /OR/ (company) — subsidiary of Berkshire Hathaway Energy Co.
• SIERRA PACIFIC POWER CO (company) — subsidiary of Berkshire Hathaway Energy Co.
• EASTERN GAS TRANSMISSION & STORAGE, INC. (company) — subsidiary of Berkshire Hathaway Energy Co.
• MIDAMERICAN FUNDING LLC (company) — subsidiary of Berkshire Hathaway Energy Co.
• SEC (regulator) — Securities and Exchange Commission
• 1934 Act (regulator) — Securities Exchange Act of 1934
• Des Moines (location) — business address for MidAmerican Energy Co.
• Portland (location) — business address for PacifiCorp

FAQ

Industry Context

Berkshire Hathaway Energy Co. operates a diverse portfolio of regulated utility and energy transmission businesses across the United States. The sector is characterized by significant capital investments in infrastructure, a strong reliance on regulatory approvals for rate setting and operational changes, and an increasing focus on energy transition and sustainability initiatives. Competition primarily exists within specific service territories, with regulated monopolies being common.

Regulatory Implications

As regulated utilities, MidAmerican Energy Co. and its affiliates are subject to extensive oversight by state and federal regulatory bodies. Changes in regulations concerning energy generation, transmission, environmental standards, and pricing can significantly impact profitability and operational strategies. Compliance with these regulations is a critical aspect of their business model.

What Investors Should Do

1. Monitor regulatory filings and decisions
2. Review parent company (Berkshire Hathaway Energy Co.) disclosures
3. Analyze capital expenditure plans

Key Dates

• 2025-06-30: Period of Report End Date — Marks the conclusion of the financial reporting period covered by this 10-Q filing.
• 2025-08-04: Filed As Of Date — Indicates the date the 10-Q filing was officially submitted to the SEC.
• 1999-05-19: Name Change for MidAmerican Energy Holdings Co. — Reflects a past corporate restructuring or rebranding event for a predecessor entity.
• 1989-06-28: Name Change for PC/UP&L MERGING CORP to PacifiCorp — Signifies a significant historical merger or name change event for PacifiCorp.
• 2022-07-06: Name Change for Eastern Gas Transmission & Storage, Inc. — Indicates a recent corporate name change for this specific subsidiary.

Glossary

10-Q

A quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a comprehensive update on a company's financial performance. (This document is the primary source of information for the reporting period.)

Berkshire Hathaway Energy Co.

The parent holding company that oversees various energy and utility subsidiaries, including MidAmerican Energy Co. (Provides the overarching corporate structure and context for the filing.)

Central Index Key (CIK)

A unique identifier assigned to each entity that files with the SEC. (Helps in tracking and identifying specific companies within SEC filings.)

Standard Industrial Classification (SIC)

A system used to classify business establishments by the type of activity in which they are engaged. (Categorizes the primary business operations of the listed entities, such as 'Electric, Gas & Sanitary Services'.)

Conformed Period of Report

The end date of the financial reporting period that the filing covers. (Defines the specific timeframe for the financial data presented in the 10-Q.)

Filed As Of Date

The date on which the filing was officially submitted to the SEC. (Establishes the official submission timeline for regulatory purposes.)

Year-Over-Year Comparison

This filing, as an initial overview, does not provide comparative financial data against a prior period. However, the listing of multiple subsidiaries under Berkshire Hathaway Energy Co. suggests a stable, consolidated corporate structure. Future filings will be necessary to assess year-over-year changes in revenue, profitability, and operational performance across these entities.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on August 4, 2025 regarding MIDAMERICAN ENERGY CO.

View full filing on EDGAR

View Full Filing

View this 10-Q filing on SEC EDGAR