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Google Invests $200 Million In Texas Wind Project
This post comes to us from Planetsave.com. For more along these lines, visit Planetsave or some of its most popular categories: Global Warming, Science, Going Green Tips, Animals, or 10 Friday Photos.
Google, which has a history of investing plenty in large-scale renewable energy projects, just announced that it has invested $200 million in a Texan wind power project.
The project is called the Spinning Spur Wind Project, which is a 161MW wind farm that was originally built by EDF Renewable Energy. It is powered by 70 2.3MW wind turbines.
The Google Corporate Finance Senior Manager, Kojo Ako-Asare, said:
“We look for projects like Spinning Spur because, in addition to creating more renewable energy and strengthening the local economy, they also make for smart investments: they offer attractive returns relative to the risks and allow us to invest in a broad range of assets.”
The wind farm was originally commissioned in late 2011.
The Google news release also included mention of some of the company’s other clean energy investments, and included this cool infographic:
Google Invests $200 Million In Texas Wind Project was originally posted on: PlanetSave. To read more from CleanTechnica, join thousands of others and subscribe to our free RSS feed, follow us on Facebook or Twitter, or just visit our homepage.
2013-01-11 15:15:59
Source: http://planetsave.com/2013/01/11/google-invests-200-million-in-texas-wind-project/
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