Sierra Pacific Resources shareholders Wednesday approved changing the utility holding company’s name to NV Energy Inc., effective Thursday. The company will be traded on the New York Stock Exchange under the symbol “NVE.”

CEO Michael Yackira reported that more than 206 million shares were voted for the name change, representing 88.2% of the outstanding shares and 98.2% of the total votes that were recorded at a special shareholders’ meeting held in Las Vegas.

In September, Sierra Pacific announced the renaming of its two Nevada utilities, Nevada Power Co. and Sierra Pacific Power Co., under a single name, NV Energy. On its 3Q2008 earnings conference call, Yackira said the holding company would ask shareholders to approve its name change to NV Energy Inc.

Noting that he was glad the shareholders so overwhelmingly approved the change, Yackira reiterated Wednesday that “our utilities have been doing business under the NV Energy name, which better reflects our company’s top priority of providing energy products and services in Nevada to Nevadans.”

NV Energy provides electricity to nearly 1.2 million electric customers throughout Nevada and in northeastern California. The utility also provides natural gas to over 145,000 customers in the Reno-Sparks area.

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