Iberdrola, through its subsidiary AVANGRID Renewables, has signed its first two major contracts for the supply of renewable energy with the American multinational Google.
Under the terms of the agreement signed between the two companies, Iberdrola will supply Google with electricity production for a total of 196 megawatts (MW) of renewable energy from the Coyote Ridge and Tatanka Ridge wind farms. Each of them will have 98 MW of installed power.
These two new facilities, which will be located in Brookings and Deuel counties, in the state of South Dakota, will produce renewable energy equivalent to the average annual consumption of more than 50,000 North American homes.
Aera Energy has teamed up with GlassPoint Solar for the development of the project. Construction phase is expected to begin on the first half of 2019 with the commissioning by 2020
The acquisition deal has been launched. The deal is subject to approvals and is likely to close in the first quarter of 2018