Google, Citi Back Alta Wind Energy with $204M

Google and Citi will finance a second phase of the Alta Wind Energy Center being developed by Terra-Gen Power, each investing $102 million in the project, the companies announced Wednesday. Terra-Gen Power is an affiliate of ArcLight Capital Partners and Global Infrastructure Partners. Both Google and Citi previously put $55 million into the Alta IV project, bringing each company’s total investment to $157 million.

North AmericaUSBriefs