Technology big Google Iraqi National Congress and personal equity firm KKR & Co phonograph record ar finance $400 million in six alternative energy plants in Calif. and Arizona.
In a statement, the businesses aforementioned the plants ar being engineered and oversubscribed by perennial Energy, a San Francisco developer of utility-scale star comes that's in hand by Japan's Sharp house.
The deal is valued at $400 million, in keeping with a Google interpreter. that features equity investments and debt funding from Google and KKR.
The 5 comes in Calif. and one in Arizona can generate 106 megawatts of electricity, or regarding enough to power seventeen,000 homes. they're going to be in commission by Jan of next year.