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
| Business | Deal | When | Value |
|---|---|---|---|
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 | acquisition | September 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 | acquisition | 2022 | $ 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 | acquisition | 2021 | $ 122 million, net of cash acquired |
50% limited partner interests in Cove Point LNG, LPWord 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 | acquisition | September 1, 2023 | — |
residential real estate brokerage businesses, 300 MWs of long-term transmission rights and 399 MWs of wind-powered generating facilitiesWord for word“In 2022, the Company completed various acquisitions totaling $ 314 million, net of cash acquired.” 10-K for 2024 | acquisition | 2022 | $ 314 million, net of cash acquired |
eight tax equity investments acquired as part of the BHE B Inc. ("BHE B") mergerWord 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 | acquisition | December 2024 | — |
DECP Holdings, Inc.'s 50% limited partner interests in Cove Point LNG, LPWord 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 | acquisition | On September 1, 2023 | — |
BHE BWord for word“BHE B (the "Disappearing Company") merged with and into BHE with BHE surviving (the "Merger").” 10-K for 2025 | merger | — | — |
| Fiscal year ended | Cash 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
- 2024-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
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.