Google invests 55mn in wind farm

Google (Nasdaq: GOOG) invested $55 million in the fourth phase of a wind energy farm in southern California that will generate up to 1,550 MW of power, bringing the company’s total investments in clean energy to $400 million.

The Alta Wind Energy Center is in Tehachapi, Calif. and has a generating capacity of 720 MW. The fourth phase will have a capacity of 102 MW and the finished project is expected to have a capacity of 1,550 MW.

Google and Citi are buying Alta IV Terra-Gen, the original manufacturer of the project and will lease it back to parent company, Terra-Gen. Terra-Gen will operate and manage the wind farm.

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