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NV Energy information


NV Energy, Inc.
Company typeSubsidiary
IndustryPublic utilities
FoundedReno, Nevada, United States (1928 (1928))
Headquarters
Las Vegas, Nevada
,
United States
Key people
Doug Cannon (President and CEO)[1]
ProductsElectricity, natural gas
RevenueUS$ 3.016 billion (2017)[2]
Operating income
US$ 755 million (2017)[3]
Net income
US$ 344 million (2017)[4]
Total assetsUS$ 00.billion (2013)[5]
OwnerBerkshire Hathaway (92%)
Walter Scott Jr. family (8%)
Number of employees
c. 2,500[6]
ParentBerkshire Hathaway Energy
Websitenvenergy.com

NV Energy is a public utility which generates, transmits and distributes electric service in northern and southern Nevada, including the Las Vegas Valley, and provides natural gas service in the Reno–Sparks metropolitan area of northern Nevada. Based in Las Vegas, Nevada, it serves about 1.3 million customers and over 40 million tourists annually.[7]

MidAmerican Energy Holdings Company (now Berkshire Hathaway Energy), a subsidiary of Berkshire Hathaway, acquired NV Energy in a transaction completed on December 19, 2013.[8] When the merger was announced, the companies stated that NV Energy would continue to be based in Las Vegas under its then-current name.[9] Prior to the acquisition by MidAmerican, the company's common stock was listed on the New York Stock Exchange under the ticker symbol NVE.

  1. ^ "NV Energy".
  2. ^ "Consolidated Financial Statements" (PDF).
  3. ^ "Consolidated Financial Statements" (PDF). Retrieved 19 July 2014.
  4. ^ "Consolidated Financial Statements" (PDF). Retrieved 19 July 2014.
  5. ^ "NV Energy Bondholder Report, March 7, 2014". Retrieved 19 July 2014.
  6. ^ "Annual Reports on SEC Form 10-K for period ending Dec. 31, 2013, Nevada Power Company and Sierra Pacific Power Company". Retrieved 19 July 2014.
  7. ^ source: 2012 Annual Report on Form 10-K
  8. ^ "8-K". www.sec.gov. Retrieved 2022-03-31.
  9. ^ "News Releases". nvenergy.mediaroom.com. Retrieved 2022-03-31.

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