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.

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