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Philosophy

MidAmerican Energy Holdings Company is made up of six
individual business platforms that operate autonomously but share a common
purpose – to put the customer first. Our mission is to become a leading global
provider of a full range of energy services. Our vision is to grow through
sensible and methodical acquisitions during a period of inevitable consolidation
in the energy industry, while continuing to organically grow existing operations.
MidAmerican added one of the lowest-cost electricity producers in the United
States to its portfolio through its acquisition of PacifiCorp, which operates as
Pacific Power in Oregon, Washington and California and as Rocky Mountain Power in
Utah, Wyoming and Idaho.
Diversification equates to strength for an international enterprise.
MidAmerican's portfolio includes production of energy from fuel sources
including geothermal, natural gas, coal, hydroelectric, nuclear, wind and
biomass. We own the generation assets, the pipes and the wires delivering
electricity and natural gas to the approximately 6.7 million customers we serve
worldwide. Our ever-expanding asset base grows not only through acquisitions
but also by way of construction and development of several new projects.
With the financial backing of Berkshire Hathaway, one of the select few
companies boasting a AAA credit rating, MidAmerican has ready access to capital.
That allows us to act quickly and seize opportunities to develop or acquire
valuable energy assets offering benefits to customers and stable, long-term and
cash-producing return to our investors.
Our foundation is solid today. On that foundation, we continue to build a company
that will be bold and strong tomorrow, one that customers can count on well into
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©2008 MidAmerican Energy
Holdings Company. All rights reserved.
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