The Evolution of BHE Renewables
1971
1971
CalEnergy Established
CalEnergy founded as California Energy Company, Inc., a publicly traded corporation.
1982
CalEnergy starts development of its first geothermal project.
1982
1987
1987
First Geothermal Power Plant
CalEnergy’s first geothermal power project, Navy 1, begins commercial operations in California.
1994
Philippines Expansion
CalEnergy begins constructing geothermal projects in the Philippines and commits to development of the Casecnan irrigation and 150-MW hydroelectric project.
1994
1995
1995
CalEnergy acquires Magma Power Company.
1996
December
CalEnergy acquires a majority interest in Northern Electric and Falcon Seaboard Resources, Inc.
1996
December
1997
1997
CalEnergy completes three geothermal facilities in the Philippines.
1999
CalEnergy acquires MidAmerican Energy Company.
CalEnergy enters into a merger agreement to acquire MidAmerican Energy Company, with the legacy assets of CalEnergy continuing to operate under the CalEnergy name independent of the utility businesses.
1999
2000
2000
MidAmerican Energy Holdings Company is taken private by an investor group, with Berkshire Hathaway Inc. as the majority owner.
CalEnergy and MidAmerican Energy Company continues operations as MidAmerican Energy Company.
2007
January
CalEnergy turns over ownership and operation of its three geothermal facilities to the Philippine National Oil Company.
*2006-2007
2007
January
2011
March
2011
March
MidAmerican Renewables
MidAmerican Energy Holdings Company establishes MidAmerican Renewables to acquire and operate solar, wind, geothermal and hydro facilities.
2012
Solar Development
MidAmerican Renewables acquires a 49 percent interest in the 290 MW Agua Caliente Solar Project located in Arizona and 100 percent interest in the 550-MW Topaz Solar Farm project located in California, which starts commercial operations in 2014.
2012
2012
2012
Wind Development
MidAmerican Renewables acquires the 81 MW Bishop Hill II project located in Illinois and Pinyon Pines I (168 MW) and Pinyon Pines II (132 MW) wind projects located in California. All three projects commence commercial operations that same year.
2013
Solar Star I and Solar Star II
MidAmerican Renewables starts construction on the 586 MW (combined) Solar Star I and Solar Star II projects located in California, which begin commercial operation in 2015.
2013
2014
2014
Texas Wind Projects
MidAmerican Renewables acquires the 300 MW Jumbo Road wind project located in Texas. Five other Texas wind projects were added from 2014-2025.
2014
Managing CalEnergy Legacy Assets
MidAmerican Renewables assumes management of the legacy CalEnergy assets, including ten geothermal generation facilities, four natural gas-fired cogeneration facilities, and the Casecnan hydroelectric and irrigation project in the Philippines.
2014
2014
2014
Wailuku Hydroelectric Project
MidAmerican Renewables acquires the remaining interests and becomes the sole owner of the Wailuku hydroelectric generation facility.
2015
MidAmerican Renewables is renamed BHE Renewables.
2015
2015
2015
Growth in the Midwest
BHE Renewables acquires the development rights and begins construction on the 400 MW Grande Prairie wind project in Nebraska, the 212 MW Walnut Ridge wind project in Illinois and a portfolio of community solar garden projects (97 MW) located in Minnesota.
2016
BHE Renewables acquires Alamo 6 (110MW) & Pearl (50MW) co-located solar projects in TX.
*2016-2017
2016
2016
2016
BHE Renewables enters the tax equity market and invests in over 40 wind projects as the Class A member.
*2016-2022
2019
BHE Renewables begins exploring the extraction of lithium from the brine at its geothermal facilities.
2019
2021
2021
Casecnan Hydroelectric Transfer
Ownership of Casecnan hydroelectric and irrigation facility are transferred to the Philippine government in 2021. During 2022, BHE Renewables provides pathways for 27 employees and their families to transfer to BHE Renewables geothermal operations.
2023
The Ravenswood Microgrid
BHE Renewables begins construction on a first-of-its-kind renewable energy microgrid with battery storage in Millwood, West Virginia. The Ravenswood Microgrid will power TIMET’s new titanium melt facility, bringing hundreds of jobs to Jackson County.
2023
2024
2024
Joint Venture with Oxy
BHE Renewables enters a joint venture with OXY Low Carbon Ventures to extract lithium from brine flowing through geothermal power plants in Imperial Valley, California.
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