Google Invests in Wind Farms

EnterpriseITplanet.com / Green (May 4 2010) Wind

1. The investment also carries some very attractive side benefits. I don't believe, like others do, that Google is about to start building data centers in North Dakota. From what we know about Google, the company isn't following the same data center location strategy that companies like Yahoo are pursuing in building in geographically Green IT-friendly spots. Instead, I think this was a purely financial play. Google made the investment by buying about 20% of the shares offered in the wind farm project. That makes Google a minority investor without any clout or say in how the project operates. What that 20% stake gives Google, however, is 20% of the tax credits available to the project. (Read Full Article)

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