NV Energy, Inc.
Company Information

NV Energy, Inc. Company Profile

As Nevada's dominant electric utility, NV Energy (formerly Sierra Pacific Resources) keeps casinos powered 24 hours a day. Subsidiaries Sierra Pacific Power and Nevada Power (which do business under the NV Energy brand) provide electricity to about 1.2 million customers and natural gas to 152,000 customers in Nevada. They also serve an annual tourist population of 40 million. The utilities generate more than 6,000 MW of fossil-fueled net capacity and sell power to wholesale customers in the western US. In 2013 the debt-laden company was approached with a deal to be acquired by MidAmerican Energy for $5.6 billion.