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Google Signs Deal with Brookfield for 3 GW of Hydropower Capacity

Technology giant Google announced the company will buy as much as 3 GW of hydropower generation capacity from Brookfield Renewable Partners, an affiliate of Brookfield Asset Management. The companies on July 15 said the deal is a “hydro framework agreement” that will support Google’s goal of having data centers and other operations run continuously on carbon-free power.

The companies on Tuesday said the first 20-year contracts under the deal are for generation from Brookfield’s Holtwood and Safe Harbor hydroelectric sites in Pennsylvania, which together have about 670 MW of capacity. Google and Brookfield said the initial focus of the deal would be in the PJM Interconnection and Midcontinent Independent System Operator (MISO) regions, with the contracts expected to bring more than $3 billion in revenue.

Read more in Power Magazine here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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