Google (GOOG) Signs 396 MW Clean Energy Deal with Fervo Energy
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowGoogle's partnership with Fervo Energy includes a 396-megawatt (MW) power purchase agreement (PPA), the largest enhanced geothermal PPA to date. This deal is part of their ongoing collaboration, which began in 2021, and aims to ensure reliable, clean energy for Google's data centers. Fervo is set to supply energy from its Cape Station development in Utah, with a goal to deliver power by 2028. For investors, this agreement highlights the importance of renewable energy solutions in tech companies' operational resilience.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Alphabet Inc. (Class C) (GOOG)
Alphabet is the parent of Google, with revenue led by search and advertising plus cloud, YouTube, and AI. Class C shares (GOOG) carry no voting rights.
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