MidAmerican Energy Holdings Company is made up of six individual business platforms that operate autonomously but share a common purpose – to put the customer first. Our mission is to become a leading global provider of a full range of energy services. Our vision is to grow through sensible and methodical acquisitions during a period of inevitable consolidation in the energy industry, while continuing to organically grow existing operations.
MidAmerican is taking giant steps forward. We have emerged as an energy industry leader, one poised for further growth. MidAmerican's recent growth centered on the acquisitions of two major interstate natural gas pipelines in the United States. The purchases made MidAmerican the nation's third-largest owner of gas transportation pipelines, based on the 18,243 miles of pipeline we acquired and have under construction.
Diversification equates to strength for an international enterprise. MidAmerican's newest venture in natural gas transmission adds to a portfolio that includes production of energy from fuel sources including geothermal, natural gas, coal, hydroelectric, nuclear, wind and biomass. We own the generation assets, the pipes and the wires delivering electricity and natural gas to the approximately 5 million customers we serve worldwide. Our ever-expanding asset base grows not only through acquisitions but also by way of construction and development of several new projects.
With the financial backing of Berkshire Hathaway, one of the select few companies boasting a AAA credit rating, MidAmerican has ready access to capital. That allows us to act quickly and seize opportunities to develop or acquire valuable energy assets offering benefits to customers and stable, long-term and cash-producing return to our investors.
Our foundation is solid today. On that foundation, we continue to build a company that will be bold and strong tomorrow, one that customers can count on well into the future.
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