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Des Moines, IA, USA · Subsidiary of Berkshire Hathaway
Salton Sea plants; lithium-from-brine projects
Open roles
—
no public job board
Federal awards
—
none found
Last private raise
—
no Form D on file
Revenue
$26B
fiscal year ending 2025-12-31
Coming up
POLICY45Y / 48E: all other clean power and storage
Full credit for projects beginning construction through 2033; 75% for 2034 starts, 50% for 2035, none from 2036. Affects Geothermal.
+ THESISNothing dated in this category yet.
How it works
Wells tap natural underground reservoirs of hot water and steam. It runs the turbine at the surface, then the cooled water goes back down a second well to keep the reservoir going.
OPEN IN 3D →Others on this approach
Read from SEC 8-Ks (bankruptcy, default, delisting, restatement, impairment, restructuring), cash runway in annual reports, Form D raises and the 30-day hiring trend. A prompt to look closer, not a credit rating.
No public job board on Greenhouse, Lever or Ashby, so hiring isn't tracked for this company yet.
| Fiscal year end | 2021-12 | 2022-12 | 2023-12 | 2024-12 | 2025-12 |
|---|---|---|---|---|---|
| Revenue | $25B | $26B | $26B | $26B | $26B |
| Net income | $5.8B | $2.7B | $3.0B | $4.3B | $4.1B |
| Cash | $1.1B | $1.6B |
Sources: company job boards (daily), SEC EDGAR, USAspending.gov, and the reviewed technology spreadsheets. Public records only cover US entities, so foreign companies and private firms that don't file will show gaps.
| $1.6B |
| $1.4B |
| $1.7B |
No federal grants, contracts or loans found on USAspending.gov under this company's US entity name.
Policy that applies
2026-11-05 · Value updated
~345 MWwas: ~349 MW (2019 figure)