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Buffett’s MidAmerican Energy Buys Two Solar Projects from SunPower (SPWR, BRK.A)

SunPower Corp. (NASDAQ: SPWR) announced on Wednesday that it has sold two solar projects running in California to a firm controlled by Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.A). In lieu, SunPower would receive about $2.5 billion along with related contracts.

Shares of SunPower climbed more than 30% in early trading on Thursday. On Wednesday, [...]

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