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Alphabet's Google, EnergyRe Sign 12-Year Power Purchase Deal
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Alphabet's Google, EnergyRe Sign 12-Year Power Purchase Deal
Oct 3, 2024 8:06 AM

10:42 AM EDT, 10/03/2024 (MT Newswires) -- Alphabet (GOOG) unit Google ( GOOG ) agreed to buy renewable energy from a 435-megawatt solar project to be developed and owned by energyRe in a 12-year accord.

Google ( GOOG ) will get electricity and renewable energy credits from the facility to power the equivalent of more than 56,000 homes, energyRe said Thursday in a statement.

The supply will be from the Southwest Power Pool grid system serving parts of the cental US.

Price: 165.93, Change: -1.38, Percent Change: -0.82

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