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On the Record · Berkshire Hathaway Energy

Berkshire Hathaway Energy acquisitions, on the record

The businesses Berkshire Hathaway Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
50% limited partner interests in Cove Point LNG, LP from DECP Holdings, Inc. (Dominion Energy)
Word for word“On September 1, 2023, BHE and Eastern MLP Holding Company II, LLC ("the Buyer"), an indirect wholly owned subsidiary of BHE, completed the acquisition of DECP Holdings, Inc.'s (the "Seller"), an indirect wholly owned subsidiary of Dominion Energy, Inc., 50 % limited partner interests in Cove Point LNG, LP ("Cove Point") ("The Transaction").” 10-K for 2023
acquisitionSeptember 1, 2023—
residential real estate brokerage businesses, 300 MWs of long-term transmission rights and 399 MWs of wind-powered generating facilities (various acquisitions)
Word for word“In 2022, the Company completed various acquisitions totaling $ 314 million, net of cash acquired.” 10-K for 2023
acquisition2022$ 314 million, net of cash acquired
residential real estate brokerage businesses (various acquisitions)
Word for word“In 2021, the Company completed various acquisitions totaling $ 122 million, net of cash acquired.” 10-K for 2023
acquisition2021$ 122 million, net of cash acquired
50% limited partner interests in Cove Point LNG, LP
Word for word“On September 1, 2023, BHE and Eastern MLP Holding Company II, LLC ("the Buyer"), an indirect wholly owned subsidiary of BHE, completed the acquisition of DECP Holdings, Inc.'s (the "Seller"), an indirect wholly owned subsidiary of Dominion Energy, Inc., 50 % limited partner interests in Cove Point LNG, LP ("Cove Point") ("The Transaction").” 10-K for 2024
acquisitionSeptember 1, 2023—
residential real estate brokerage businesses, 300 MWs of long-term transmission rights and 399 MWs of wind-powered generating facilities
Word for word“In 2022, the Company completed various acquisitions totaling $ 314 million, net of cash acquired.” 10-K for 2024
acquisition2022$ 314 million, net of cash acquired
eight tax equity investments acquired as part of the BHE B Inc. ("BHE B") merger
Word for word“In December 2024, the Company acquired eight tax equity investments as part of the BHE B Inc. ("BHE B") merger as described in Note 18.” 10-K for 2024
acquisitionDecember 2024—
DECP Holdings, Inc.'s 50% limited partner interests in Cove Point LNG, LP
Word for word“On September 1, 2023, BHE and Eastern MLP Holding Company II, LLC ("the Buyer"), an indirect wholly owned subsidiary of BHE, completed the acquisition of DECP Holdings, Inc.'s (the "Seller"), an indirect wholly owned subsidiary of Dominion Energy, Inc., 50 % limited partner interests in Cove Point LNG, LP ("Cove Point") ("The Transaction").” 10-K for 2025
acquisitionOn September 1, 2023—
BHE B
Word for word“BHE B (the "Disappearing Company") merged with and into BHE with BHE surviving (the "Merger").” 10-K for 2025
merger——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$66 million$50 million
2017-12-31$1.11 billion$508 million
2018-12-31$106 million$79 million
2019-12-31$27 million$29 million
2020-12-31$2.4 billion$1.73 billion
2021-12-31$122 million$140 million
2022-12-31$314 million$16 million
2023-12-31$0$1 million
2024-12-31$0—

Deal filings since 2016

Read from Berkshire Hathaway Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.