He revolutionized computers, left the revolution to pursue philanthropy, and is now entering the energy business. Cascade Investments LLC is Gates' investment vehicle and it has purchased PNM Resources Inc, a New Mexico utility. PNM and Cascade have formed a new company called EnergyCo Ltd to market electricity from unregulated power plants (called merchant generators). PNM is headquartered in Albuquerque, New Mexico.Gates' Cascade invested almost $ 84 in Pacific Ethanol Inc earlier in 2006. (Wash Post)
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