First Solar Inc. is selling one of its large California solar farms to MidAmerican Energy Holdings Co., ending the solar-panel maker’s search for a buyer.That’s more evidence there is private financing available for solar power.
The sale places MidAmerican Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc., in the solar-power business for the first time. MidAmerican operates fleets of wind farms and conventional power plants.
The companies didn’t disclose terms of the deal Wednesday, but said the Topaz solar-power plant, in San Luis Obispo County, is worth more than $2 billion.
PS: Owed to Harry DeLano.