Warren Buffett’s MidAmerican Energy will buy a 49% stake in NRG Energy's (NRG) $1.8B Agua...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

Warren Buffett’s MidAmerican Energy will buy a 49% stake in NRG Energy's (NRG) $1.8B Agua Caliente solar project, just a week after buying the entire $2B Topaz power plant in California from First Solar (FSLR). Buffett’s foray into solar shows utility-scale power plants offer good returns with little downside risk, Mizuho's Paul Clegg says, though other motivations also may be at work.