Dec 31 (Reuters) - Berkshire hathaway energy issued

481,000 shares of 4% perpetual preferred stock to an indirect

wholly owned subsidiary as part of a merger agreement, sec

filing says

Bhe b owns eight investments in wind-powered generating

facilities sponsored by third parties, commonly referred to as

tax equity investments, and had about $1 billion of net assets

as of sept 30

Berkshire hathaway energy says the subsidiary, bhe b, will merge

into its parent and disappear

Berkshire hathaway energy says bhe b's preferred stock will be

converted into and become exchangeable in the aggregate for (1)

the perpetual preferred stock, and (2) $420.9 million of cash

and short-term investments