Google and Citibank are investing $55 million apiece in the Alta Wind Energy Center, a new wind farm in California. Parts of the Alta project are already completed and producing power. The newly announced investments will be in the fourth phase of the project.
The Alta Wind Energy Center will take the title of the largest wind power project when it is completed, when it will cover over 50 square miles. The complete facility will ultimately produce more than 1500 megawatts of electricity and will increase California's total wind power production by 30%.
[Edited to correct units: 1500 MW]
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