Google invests 102mn in wind farm

Google (NASDAQ: GOOG) is investing $102 million into the 168 MW Alta V wind farm in California.

The deal follows a $55 million investment the company made in the 102 MW Alta IV wind project. Citibank is a co-investor in both projects. The entire project, called the Alta Wind Energy Center, is expected to have a nameplate generating capacity of 1,550 MW.

Southern California Edison (NYSE: SCE) signed a long-term power purchase agreement for power generated from the project.

Read more financial news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...