Google and KKR investing in development of California solar power project
http://dervishcom.blogspot.com/2011/12/google-and-kkr-investing-in-development.html
NEW YORK — Online search and advertising giant Google is teaming with investment firm Kohlberg Kravis Roberts & Co. to develop four solar energy farms serving the Sacramento Municipal Utility District in California.
Google says on its Green Blog that it will spend $94 million on the projects. They also will receive equity from SunTap Energy RE LLC, a venture formed by KKR to invest in U.S. solar projects.
Read full article >>Rosalind S. Helderman, Paul Kane, Felicia Sonmez 20 Dec, 2011
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Source: http://feeds.washingtonpost.com/click.phdo?i=da54425cb21557854b29b5ca95ff3255
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