20140505Notice of Activity.pdf

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May 2,2014
VIA ELECTRONIC DELIVERY
AND OWRNIGHT DELIVERY
Jean D. Jewell
Commission Secretary
Idaho Public Utilities Commission
472W. Washington
Boise, ID 83702
RE:Notice of Activity Involving MidAmerican Enerry Holdings Company
Docket No. PAC-E-05-8
Dear Ms. Jewell:
Please be advised of the following activities concerning MidAmerican Energy Holdings
Company:
1. On April 30,2014, MidAmerican Energy Holdings Company (MEHC) changed its name
to Berkshire Hathaway Energy Company (Berkshire Hathaway Energy). The name
change of the holding company has no impact upon the rurmes or operations of its utility
subsidiaries, including Pacifi Corp.
2. General Commitment 12 adopted by the Commission in the order approving
MEHC's/Berkshire Hathaway Energy's acquisition of PacifiCorp requires the
Commission be notified subsequent to board approval and as soon as practical after any
public announcement ofany acquisition of a regulated or unregulated business
representing 5 percent or more of the capitalization of MEHC/Berkshire Hathaway
Energy. On May l, 2014, Berkshire Hathaway Energy entered into a Share Purchase
Agreement whereby Berkshire Hathaway Energy, through a subsidiary, will acquire
100% of Altalink, L.P. (Altalink), an indirect wholly-owned subsidiary of SNC-Lavalin
Group Inc. (SNC-Lavalin), for an estimated cash purchase price of C$3.2 billion
(approximately US$2.9 billion). The purchase price is subject to adjustments based on
certain capital contributions made into Altalink and the timing of closing. At the time of
this letter, the acquisition is not 5 percent or more of the capitalization of
MEHC/Berkshire Hathaway Energy, however this notice is still being provided as a
courtesy. Altalink is a regulated transmission-only business, headquartered in Calgary,
Alberta. The transaction has been approved by both the SNC-Lavalin and Berkshire
201 South Main, Suite 2300
Salt Lake City, Utah 84111
Idatro Public Utilities Commission
May 2,2014
Page2
Hathaway Energy boards of directors. The transaction is expected to be completed by the
end of20l4.
Informal inquiries may be direct to Ted Weston at [phone].
Very truly yours,
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Jeffiey K. Larsen
Vice President Regulation & Govnt Affairs