Greg Abel said AI data centers are a significant opportunity for Berkshire Hathaway Energy, but BHE would not sell power to hyperscalers if doing so raised rates for other customers. BHE reported $891 million in Q2 2026 operating income, up 27% year over year.
BHE's operating income was the lowest among Berkshire's reported segments, while Berkshire's total was $13 billion. Berkshire does not publish financials for all its subsidiaries, though it reports BHE separately; the article says stronger data-center demand could increase BHE's contribution.
Berkshire also holds a significant stake in Alphabet. The article points to Google Cloud and Gemini AI as growth areas, while noting Alphabet is not a pure-play AI investment.
