Greg Abel Quotes
112 Greg Abel Quotes (Gregory E Abel, Berkshire Hathaway Energy, MidAmerican Energy Holdings)
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[In August 2013.] Integrity is of paramount importance in good leadership.
Greg Abel
[In June 2013.] You need to go to the next level - the next evolution - and identify what would complement it. You need to take a longer vision. You need to look forward.
Greg Abel
[In August 2013.] I started with a stronger interest in finance, but accounting took over when I came to realize how critically important it was to understand things such as income and cash flow statements.
Greg Abel
[In 2014.] Warren [Buffett] always sets the bar pretty high when we're looking at acquiring an asset. Is this additive to the family of assets that Berkshire Hathaway Energy already owns?
Greg Abel
[In September 2012.] Size matters.
Greg Abel
[In September 2013.] Question challenge, be a critical thinker.
Greg Abel
[In May 2014.] We’re just incredibly patient…
Greg Abel
[In August 1985.] I wish every boy of Boy Scout age could experience Scouting. The experience and learning of Scouting is carried for the rest of your life.
Greg Abel
[In August 1985.] Boy Scouts of America is the most successful youth organization in our nation today and Boy Scout should be a household word, like it used to be.
Greg Abel
[In August 1985 on him flying since 1973 and would] Like to crop dust and want to build an airplane someday.
Greg Abel
[In August 1985 on enjoying flying] Because you really have to concentrate when you’re flying, and you get everything else out of your mind.
Greg Abel
[In August 1985 on giving thanks.] To my wife Martha Sue Gren Able, without whom I could do none of it, for the 100 percent plus support she has always given me.
Greg Abel
[In August 1985 on describing the national Boy Scout Jamboree he took six Scouts to.] Awesome.
Greg Abel
[In August 1985 on telling his Scouts he didn’t want to hear ‘any of this Yankee stuff.’] I explained to my troop that they (the Scouts from Illinois) were just like we were and we were all there to have a good time. They did real well and I didn’t have any problems with them.
Greg Abel
[In March 1987 as Scoutmaster of Troop 58 Gadsen, Ala.] About five years ago a First Class Scout came to me before the troop meeting. He wanted to quit Scouting, he said. Football was taking a lot of his time, and he had other excuses as well. I told him I didn’t respect a quitter and I wouldn’t let him hang it up. He looked stunned, and asked why. I told him I had a lot of confidence in him. With his ability he could achieve just about anything he set out to do. And he didn’t quit. In 1985 he received his Eagle award. That same year he also was student council president, played football, and was active in the church. And recently I received a card that said, in part, ‘I could really tell you wanted me to succeed in whatever I did. I still love you and Scouting… Tell Martha [Mrs Abel] I love her.’ - Patrick McGee.’
Greg Abel
[In September 1998 as President of Northern Electric and on what he had done for the environment lately.] I believe our greatest contribution to the environment is the 5.8 million we have spent on energy efficiency in the past four years. This money has been used to subsidise the sale of 400,000 low-energy lamps, has provided grant aid towards the installation of 8,000 electrically heated homes and subsidised the installation of 7,500 energy-efficient light fittings to schools and community buildings. We have also provided grants for the heating controls for 230 mobile classrooms and heat-recovery systems for 200 dairy farms. I am pleased to say that these energy savings will reduce carbon dioxide emissions by 187,245 tonnes.
Greg Abel
[In September 1999 on saving money through a 10 year agreement through the Illinois Chamber of Commerce and supplying equipment designed to reduce the effects of power outages after having several outages during the summer period. These services] Can significantly improve the quality of supply for our customers.
Greg Abel
[In September 2001 on TransAlta and MidAmerican Energy forming and alliance.] We view this as an opportunity to join with an experienced and successful company which brings a complementary presence to MidAmerican in key markets and accelerates our planned development of power projects in North America.
Greg Abel
[In August 2002 on the purchase of NNG from Dynegy Inc for $928 million and assuming $950 million in debt.] Northern Natural Gas is a well-managed company with excellent assets.
Greg Abel
[In March 2003 on wind farms.] We think the industry requires capital.
Greg Abel
[In March 2003.] Today we’re here to announce the largest wind facility to be constructed in the world will be built in Iowa. The company’s $323 million wind farm will generate 310 megawatts of electricity, enough to power 85,000 homes. Each wind turbine will produce about 1.5 to 1.65 megawatts of power. Currently, the world’s largest wind facility is located in Washington and Oregon and produces 300 megawatts of electricity.
Greg Abel
[In June 2004 on the back to basics approach not risk free.] The risk profile is drastically changing. [On increases in steel and other commodity prices impact on all infrastructure projects.] Fundamentally going to impact.
Greg Abel
[In February 2006 on MidAmerican’s acquisition of PacifiCorp.] We are pleased to receive approval of the transaction in Idaho and appreciate the efforts of the commission and all parties to the proceeding working together to reach an agreement that is fair and equitable to all stakeholders.
Greg Abel
[In July 2006 on PacifiCorp buying a 100.5 MW Oregon wind farm.] Is the first of several we expect to be making in the next year, as we aggressively pursue renewable resources.
Greg Abel
[In April 2008 as a joint signatory on energy efficiency applications.] To achieve the vision of a clean energy future, we will need to re-think and re-tool our energy supply. Energy efficiency is still the most economical resource. All of us must work to maximize the benefits of energy efficiency, advanced metering technologies and other demand-side programs for customers and our electrical system.
Greg Abel
[In August 2008 on MidAmerican and sister companies ranking 1, 2 and 3 in the national for industrial customer satisfaction in TQS results.] We are extremely proud that our companies ranked as the top three for overall satisfaction in the TQS survey. Our employees deserve the credit for the high satisfaction levels our customers have expressed. I thank them for their commitment to providing exceptional customer service.
Greg Abel
[In September 2008 on Constellation.] Very comfortable with and committed to Constellation’s current strategic plan. [And intends] To allow Constellation Energy to operate autonomously.
Greg Abel
[In October 2008 on the announced merger with Constellation Energy.] We expect to complete our due diligence within the 14-day period, and based on information reviewed to date, we have not identified any issues. We have completed a significant amount of due diligence to date and are very comfortable with the state of affairs of Constellation. We are working expeditiously with Constellation to move the merger approval process forward.
Greg Abel
[In November 2008 on Klamath.] This careful effort to balance the complex needs of numerous interests within the community is exactly the type of approach PacifiCorp takes every time we sit down to the settlement table. This flexible framework ensures that our customers will be protected at every step along the way, while remaining consistent with our strong commitment to respecting the environment. We will continue to work diligently with everyone at the table, including the irrigators, environmentalists, the tribes and all local elected officials with the goal of reaching a final dam removal agreement that is in the economic interests of PacifiCorp customers.
Greg Abel
[In November 2008 on the framework of the Klamath River agreement.] Ensures that our customers will be protected at every step along the way.
Greg Abel
[In 2008 on MidAmerican Energy - it’s six core business principles of: customer service, employee commitment, environmental respect, operational excellence, regulatory integrity and financial strength.] These business principles are the bedrock of our organization, the cornerstones of our decision-making processes and the measures by which we determine success.
Greg Abel
[As PacifiCorp Chairman and CEO on the agreement between PacifiCorp and the federal government in 2008.] Balanced and reasonable outcome that best protects the interests of our customers, while achieving the policy objectives of the states and federal government, as well as helping to peacefully resolve numerous conflicts in the Klamath basin.
Greg Abel
[In September 2008 on nuclear plants.] Have to be priced such that they can bring power into the market at prices customers can afford. [On the Idaho project not have the right balance of.] Cost and risk...so we just sort of put it on hold.
Greg Abel
[In September 2008.] We'd like to revisit the Idaho site with EDF, at some point, because the West is going to need new nuclear.
Greg Abel
[In September 2008.] We’re committed to new nuclear.
Greg Abel
[In October 2008 on the $4.7 billion cash offer for Constellation Energy Group by MidAmerican Energy Holding Co.] We continue to believe our offer is strong.
Greg Abel
[In October 2008 on his team being very comfortable with EDF and Constellation’s nuclear plans.] We want to be part of that development.
Greg Abel
[In July 2009 on the Klamath agreement said to be within reach.] We want to thank Secretary Salazar for his support of the Klamath River Hydroelectric Project Settlement process and also for his clear leadership in helping resolve the longstanding and complex issues in the Basin. The passionate environmental and economic perspectives and diverse cultural heritage that embody the Klamath Basin present an immense challenge to reaching reasonable peace and compromise. We remain committed to achieving the best possible balanced and pragmatic outcome for our customers on all sides of these diverse issues. Working together, we are close to a final settlement agreement, but there will be many more significant mile posts along the way. We ask for everyone's patience as we move through this complex process.
Greg Abel
[In August 2009 on receiving high honors in the latest TQS Research survey.] We are extremely pleased that our companies received such high ratings for overall satisfaction in the TQS survey. In today's challenging economic environment, our customers rely on us, perhaps more than ever before, to go above and beyond with customer service. The latest TQS results demonstrate that those efforts are recognized by our customers. Our employees deserve the credit for delivering exceptional customer service and high satisfaction levels.
Greg Abel
[In February 2010 on the Klamath River Basin Restoration agreement.] Our top priority at PacifiCorp has been and continues to be protecting our customers in terms of cost and liability. This is another significant milestone toward establishing the framework that ensures our customers' best interests are front and center, no matter what the ultimate public policy decision is in terms of dam removal.
Greg Abel
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