Posts Tagged ‘Energy’
Google Throws Extra £64m Into Wind Energy Project
June 23rd, 2011
Google continues its heavy investment into renewable energy with the news that it has increased its investment in the Alta Wind Energy Center by $102 million (£64m), bringing its total funding for the project to $157 million (£98m).
Google’s clean power investments now top an impressive $780 million (£488m), with $700 million (£438m) of that funding coming in 2011 alone. That is easily the most plunked down in the sector by any high-tech company.
The search engine in May put $55 million (£34m) into AWEC’s 101-megawatt Alta IV project. The new investment will finance the 168MW Alta V project. AWEC lies
Tags: Energy, Wind Energy
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Schneider’s $268M Acquisition of Summit Energy Tightens EECA Market
March 25th, 2011
In a bid to strengthen its position in energy management services, Schneider Electric plans to acquire energy procurement and sustainability services company Summit Energy Services Inc. for $268 million. Schneider Electric, headquartered in Rueil-Malmaison, France, announced yesterday that it had reached an agreement to purchase Summit Energy, based in Louisville, Ken. The transaction, which is subject to regulatory approval and closing conditions, is the second major deal announced this week involving companies working to make the built environment more energy efficient, smarter and better connected. Find more…
Tags: Energy, Summit Energy
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