Google, Citibank invest $55M each in California wind project

Google and Citibank are each investing $55 million in the Alta IV phase of Terra-Gen Power's Alta Wind Energy Center project in Tehachapi, Calif., the Internet search giant said at the American Wind Energy Association's WINDPOWER 2011 conference in Anaheim, Calif. The Alta Wind Energy Center is expected to generate 1.5 gigawatts of electricity, or enough to supply 450,000 homes, the developers said.

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