The new business, MidAmerican Renewables LLC, will be based in Des Moines, Iowa, and will encompass MidAmerican Wind; MidAmerican Geothermal; MidAmerican Solar; MidAmerican Hydro; and project development and commercial management.

Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company, said the new business welcomes opportunities for growth. “MidAmerican Renewables is open for business,” he said. “We look forward to expanding our wind, geothermal, solar and hydro portfolio, so we can offer energy in the renewables market. We believe the need for renewable energy will continue to grow, and we are excited to be a leader in this area.”

Bill Fehrman, president and CEO of MidAmerican Energy Company, has been named president of MidAmerican Renewables. Fehrman’s current role at MidAmerican Energy Company will remain unchanged.