Financial details were not released, Recharge reports.
“Through this $38.8m investment, we’re aiming to accelerate the deployment of renewable energy in a way that makes good business sense, too,” Rick Needham, green business operations manager at Google, wrote in a blogpost. The two wind farms generate a combined 169.5 megawatts.
The company had earlier made investments in BrightSource Energy, eSolar and AltaRock, a geothermal developer based in Sausalito, California.
Needham writes that in Google’s view, the US needs “effective policy, innovative technology and smart capital” to reach a clean energy future.
“Through our philanthropic arm Google.org, we’ve been pushing for energy policies that strengthen the innovation pipeline,” he adds. “Smart capital includes not only these early-stage company investments, but also dedicated funding for utility-scale projects.”