FYI: The two billionaires’ interests clashed in the Silver State desert over the cost and control of power for uses ranging from the neon lights on the Las Vegas Strip to equipment in the state’s precious metal mines.
A state constitutional amendment supported by Republican donor Adelson, chairman of Las Vegas Sands Corp, would have forced legislators to break up control over much of Nevada’s electricity that is effectively held by Berkshire Hathaway unit, NV Energy. It would have allowed customers to choose their own power provider by 2023. The measure was defeated 2-to-1, according to Nevada’s current vote count.
Regards,
Ted
https://www.reuters.com/article/us-usa-election-nevada/nevadans-side-with-buffetts-berkshire-in-energy-spat-with-adelson-idUSKCN1NC1SQ
