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More Details On The Google-NextEra Energy Wind Power Deal

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Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) announced on Wednesday that it will offset its electrical consumption through a wind power deal with NextEra Energy Inc (NYSE: NEE).

The company noted that while it has purchased clean energy to power its data centers, this will mark the first time it has done so for it offices.

“The agreement with NextEra Energy Resources will help to repower an iconic Bay Area wind farm at California’s Altamont Pass with new turbines that will pour 43 MW of electricity onto the grid starting in 2016. This new technology is twice as efficient, and also safer—especially for wildlife,” according to Google’s blog.

While the energy generated from the new wind turbines cannot be directly traced in the electrical grid, the amount of energy that Google uses at its offices in Mountain View, California can be tracked to calculate how much electricity use is being offset by the renewable energy project.

“Once the installation is complete, and the 370 legacy turbines are replaced, it will take just 24 new ones to generate as much power as our campus uses in a year,” according to Google’s David Radcliffe, VP, Real Estate and Workplace Services.

Google Inc recently traded at $537.25, up 0.06 percent; GOOGL shares traded at $540.30, up 0.03 percent.

NextEra Energy Inc recently traded at $105.91, down 1.78 percent.

Posted-In: News Contracts Tech


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