July 22, 2014 7:47 PM ET

Electric Utilities

Company Overview of Midamerican Funding LLC

Company Overview

MidAmerican Funding, LLC engages in the generation, transmission, distribution, and sale of electricity. It is also involved in the distribution, sale, and transportation of natural gas. The company sells electricity to markets operated by regional transmission organizations; and electricity and natural gas to other utilities, municipalities, and energy marketing companies on a wholesale basis. It serves residential, agricultural, and various commercial and industrial customer groups. As of December 31, 2011, the company’s electric transmission system included 1,000 miles of 345 kilovolt (kV) lines and 1,300 miles of 161 kV lines; electric distribution system included 400 substations; and ga...

666 Grand Avenue

Suite 500

Des Moines, IA 50309-2580

United States

3,500 Employees



Key Executives for Midamerican Funding LLC

Principal Executive Officer
Age: 54
Chief Financial Officer
Age: 57
Vice President and Treasurer
Age: 51
Senior Vice President of Midamerican Energy
Age: 64
Compensation as of Fiscal Year 2014.

Midamerican Funding LLC Key Developments

MidAmerican Funding Announces Management Changes

On and effective as of November 28, 2012, Gregory E. Abel resigned as President of MidAmerican Funding, LLC. On and effective as of November 28, 2012, William J. Fehrman was elected President of MidAmerican Funding, LLC. Mr. Fehrman, 52, has served as President and as a member of the board of directors of MidAmerican Energy Company (MidAmerican Energy) since August 2007 and as Chief Executive Officer of MidAmerican Energy since October 2008.

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