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ENERGY & UTILITIES | Electric / Transmission & Distribution
nvenergy.com

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Stage

Acquired | Acquired

Valuation

$0000 

Revenue

$0000 

About NV Energy

NV Energy is an investor-owned holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. Listed on the NYSE, NV Energy has served Nevada customers for over 100 years in a 45,592-square-mile service territory from Elko to Laughlin. It serves more than 2.4 million Nevadans and more than 40 million tourists annually.In May 2013, NV Energy was acquired by MidAmerican Energy Holdings. The valuation of NV Energy was $5.6 billion. Other terms of the deal were not released.

NV Energy Headquarter Location

6226 West Sahara Avenue

Las Vegas, Nevada, 89146,

United States

Latest NV Energy News

Las Vegas – Lathrop Wells Line, US

Sep 21, 2021

Share Article Las Vegas – Lathrop Wells Line is a 500kV overhead line with a length of 120.7km from Las Vegas, Nevada, US, to Lathrop Wells, Nevada, US. The project is expected to be commissioned in 2029. Description Las Vegas – Lathrop Wells Line is an overhead line that will be operated by NV Energy. The line will carry alternating current (AC) through single circuit cable. Las Vegas – Lathrop Wells Line project development status The construction works on the Las Vegas – Lathrop Wells Line project will be commenced in 2028 and commissioning is expected in 2029. About NV Energy NV Energy Inc (NVE), a subsidiary of Berkshire Hathaway Energy Co, is an energy holding company, which provides a wide range of services through its principal subsidiaries, Nevada Power Co and Sierra Pacific Power Co. NVE delivers electricity to residential, commercial and industrial customers. It also sells electricity and natural gas to other utilities, municipalities and energy marketing companies. The company generates electricity at its own power plants in Southern Nevada and augments its resources with renewable energy and other power supplies. It also provides natural gas to customers in the Reno-Sparks area of northern Nevada. Methodology All publicly-announced T&D Line & Substation projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects is sourced through secondary information sources such as country specific utility players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector. Carmen Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments. Related Companies

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