The plan would create an emergency electric supply. : The energy arm of Warren Buffett's Berkshire Hathaway has proposed a multibillion-dollar investment to create an emergency power supply for Texas, according to a plan obtained by The Dallas Morning News, as scrutiny continues over the failures that led to unprecedented power outages after a winter storm last month. Berkshire Hathaway Energy is reportedly offering $8.3 billion to create a company called Texas Reliability Corp. that would establish new natural gas generators and gas storage facilities for the state.