Google and Citibank each throw $55M to the wind | KATU.com - Portland News, Sports, Traffic Weather and Breaking News - Portland, Oregon | Business
This photo taken Thursday, May 12, 2011, shows wind turbines along the Columbia River Gorge near Goldendale, Wash. The manager of most of the electricity in the Pacific Northwest is running such a surplus of power from hydroelectric dams that it put wind farms on notice Friday they may be shut down as early as this weekend. A cold, wet spring in the headwters of the Columbia River Basin is sending downstream one of the largest spring flows in years. (AP Photo/Rick Bowmer)
MOUNTAIN VIEW, Calif. (AP) - Google Inc. is throwing $55 million to the wind in California.
The Mountain-View-based Internet search giant says it's partnering with Citibank to help finance the Alta Wind Energy Center wind farm in the Tehachapi Mountains.
The Los Angeles Times reports Google and Citibank are each plunking down $55 million.
The Kern County wind farm will generate 1.5 gigawatts of electricity, enough to power 450,000 homes through Southern California Edison.
The Alta Wind project is being built in phases. Segments are already generating 720 megawatts of energy and another 300 megawatts goes online by the end of the year.
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