Google Data Buys Wind Power From Blackrock-Funded Park in Norway

Google Inc. forged an agreement to buy wind power from a new onshore park in Norway that’s supplied with Siemens AG turbines and financed by Blackrock Inc.

Construction on the 160-MW Rogaland wind park near Stavanger begins this month and will deliver power for Google’s European data centers when completed next year, according to an e-mail from Siemens. The Munich-based company will supply 50 direct-drive SWT turbines each of 3.2 MW to project developers Zephyr A/S and Norsk Vind Energi A/S.

Rogaland will supply Google’s European data centers with power for 12 years, according to the Siemens statement. Google will receive a so-called “Guarantee of Origin” certificate for power produced in Norway that will allow it to consume an equivalent amount of power across Europe’s integrated energy market.

“We’ve signed long-term contracts that give us price certainty and help wind farm developers secure construction financing,” Google said in a statement on Thursday. The company has seven European purchase agreements for 500 MW of power.

©2016 Bloomberg News

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