Google (NASDAQ: GOOGL) has just announced that it plans on supplying its European data centers with renewable energy. The company has just bought a 12 year power production plan which will be fueled by a, yet to be built, Norwegian wind power farm.
Norway's Zephyr and Norsk Vind Energi said that the wind-powered farm would be fully operational by 2017 and be able to provide a large sum of 160-megawatt capacity. Once built, it’ll be the biggest wind-powered farm in the Nordic country.
"Google has been carbon-neutral since 2007 and we are committed to powering 100 percent of our operations with renewable energy sources," said Marc Oman, Head of Energy for Europe.
"Today's announcement, Google's first wind power deal in Norway and the largest to date in Europe, is an important step towards that commitment," he added.
Developers state that BlackRock, one of the world’s largest asset managers, has agreed to provide equity financing for this project.
Although this is a huge project, Google has not disclosed the value of the deal.