Warren Buffett Invests into Electric Car Manufacturer
A subsidiary of Warren Buffett's Berkshire Hathaway makes a sizable $230 million investment in a Chinese battery company that develops green eco-friendly electric cars.
(EMAILWIRE.COM, February 24, 2009 ) Dallas, TX - ECOstocks.com Warren Buffett Invests into Electric Car Manufacturer
A subsidiary of Warren Buffett's Berkshire Hathaway makes a sizable $230 million investment in a Chinese battery company that develops green eco-friendly electric cars.
Warren Buffett's Bershire Hathaway and MidAmerican Energy have agreed to take a 10% position in BYD Company Limited. BYD Company Limited trades on the Hong Kong Stock Exchange BYD COMPANY (1211.HK). Established in 1995, BYD Company Limited, a Hong Kong listed company since 2002, primarily engaged in IT components and automobile and auto parts manufacture. BYD has seven production bases in Guangdong, Beijing, Shanghai, and Xi’an with nearly 10 million square meters area and with offices in the United States, Europe, Japan, South Korea, India, Taiwan, Hong Kong and other regions. The Company has 130,000 employees worldwide. BYD Company Limited plans to unveil the country's China's first homegrown electric vehicle for the mass market, at least a year ahead of similar efforts around the world.
On the outside this may look like a small deal, but Berkshire Hathaway and MidAmerican Energy Holdings Company is trending to invest into green technologies that could help us reduce our global footprint.
MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. Berkshire Hathaway (Buffet's pride and joy) owns 87.4 percent of MidAmerican. Through its energy-related business platforms, MidAmerican provides electric and natural gas service to more than 6.9 million customers worldwide. These business platforms are Pacific Power, Rocky Mountain Power and PacifiCorp Energy, which comprise PacifiCorp; MidAmerican Energy Company; CE Electric UK; Northern Natural Gas Company; Kern River Gas Transmission Company; and CalEnergy.
Tune-in to ECOstocks.com the world largest green investment community in the world. We are researching the best green stocks and green investment opportunities. http://www.ecostocks.com
About ECOstocks.com
ECO Stocks is an online green stocks destination where money managers, analysts, and individual investors can converge to discover new and exciting green stocks and investment opportunities. ECO Stocks is focused on finding emerging growth investments in green stocks that do not necessarily have widespread analyst coverage on Wall Street. ECO Stocks is constantly looking for unique sustainable green stocks that can help serious investors increase their returns on a well balanced green investment portfolio. The idea of investing in young, rapidly growing green stocks has great appeal because it can be so rewarding.
ECO Stocks works diligently to find the right green stocks to invest in at the right time. Quite often this means we look out side of the box for interesting renewable green stocks. We very simply look for finding pure growth green stocks to invest in what we hope to be solid green and socially Responsible green stock companies.
We at ECO Stocks believe that every investor is different and each has his or her own risk profile. No single portfolio should consist of strictly green stocks. However, an allotment for these sustainable green stocks could help to increase overall investment results. It is our goal to assist our members in finding emerging growth green stocks to invest in whose companies are poised for superior capital appreciation in the green stocks sector.
Read the full disclaimer
http://www.ecostocks.com/disclaimer/index.asp
###
This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution, go to http://www.emailwire.com.
A subsidiary of Warren Buffett's Berkshire Hathaway makes a sizable $230 million investment in a Chinese battery company that develops green eco-friendly electric cars.
Warren Buffett's Bershire Hathaway and MidAmerican Energy have agreed to take a 10% position in BYD Company Limited. BYD Company Limited trades on the Hong Kong Stock Exchange BYD COMPANY (1211.HK). Established in 1995, BYD Company Limited, a Hong Kong listed company since 2002, primarily engaged in IT components and automobile and auto parts manufacture. BYD has seven production bases in Guangdong, Beijing, Shanghai, and Xi’an with nearly 10 million square meters area and with offices in the United States, Europe, Japan, South Korea, India, Taiwan, Hong Kong and other regions. The Company has 130,000 employees worldwide. BYD Company Limited plans to unveil the country's China's first homegrown electric vehicle for the mass market, at least a year ahead of similar efforts around the world.
On the outside this may look like a small deal, but Berkshire Hathaway and MidAmerican Energy Holdings Company is trending to invest into green technologies that could help us reduce our global footprint.
MidAmerican Energy Holdings Company, based in Des Moines, Iowa, is a global provider of energy services. Berkshire Hathaway (Buffet's pride and joy) owns 87.4 percent of MidAmerican. Through its energy-related business platforms, MidAmerican provides electric and natural gas service to more than 6.9 million customers worldwide. These business platforms are Pacific Power, Rocky Mountain Power and PacifiCorp Energy, which comprise PacifiCorp; MidAmerican Energy Company; CE Electric UK; Northern Natural Gas Company; Kern River Gas Transmission Company; and CalEnergy.
Tune-in to ECOstocks.com the world largest green investment community in the world. We are researching the best green stocks and green investment opportunities. http://www.ecostocks.com
About ECOstocks.com
ECO Stocks is an online green stocks destination where money managers, analysts, and individual investors can converge to discover new and exciting green stocks and investment opportunities. ECO Stocks is focused on finding emerging growth investments in green stocks that do not necessarily have widespread analyst coverage on Wall Street. ECO Stocks is constantly looking for unique sustainable green stocks that can help serious investors increase their returns on a well balanced green investment portfolio. The idea of investing in young, rapidly growing green stocks has great appeal because it can be so rewarding.
ECO Stocks works diligently to find the right green stocks to invest in at the right time. Quite often this means we look out side of the box for interesting renewable green stocks. We very simply look for finding pure growth green stocks to invest in what we hope to be solid green and socially Responsible green stock companies.
We at ECO Stocks believe that every investor is different and each has his or her own risk profile. No single portfolio should consist of strictly green stocks. However, an allotment for these sustainable green stocks could help to increase overall investment results. It is our goal to assist our members in finding emerging growth green stocks to invest in whose companies are poised for superior capital appreciation in the green stocks sector.
Read the full disclaimer
http://www.ecostocks.com/disclaimer/index.asp
###
This press release was issued through GroupWeb EmailWire.Com. For more information on unlimited press release distribution, go to http://www.emailwire.com.
Contact Information:
ECOstocks.com
jay
Tel: 214-884-6417
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
ECOstocks.com
jay
Tel: 214-884-6417
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Press Release Keywords:
Mutual Funds, The Stock Market, Buy Stocks, Stock Investing, Trading Stocks, Stocks Market, Eco Stocks, Renewable Energy, Stocks Charts, CleanTech, Penny Stocks
Mutual Funds, The Stock Market, Buy Stocks, Stock Investing, Trading Stocks, Stocks Market, Eco Stocks, Renewable Energy, Stocks Charts, CleanTech, Penny Stocks
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |