Google LLC, the search engine giant and subsidiary of Alphabet Inc., has finalized a power purchase agreement (PPA) to acquire green energy from a forthcoming 50.4-MW wind farm in southern Poland. The PPA agreement has been inked with Polish telecommunications company Polsat Plus Group, marking a significant step in Google's commitment to utilizing renewable energy for its cloud computing services.
The wind farm is located in the village of Przyrow, Czestochowa County, and is scheduled to commence operations in the fourth quarter of 2024. This newly established facility is a joint endeavor by Polsat Plus and the Polish energy group ZE PAK SA. It is set to house 14 wind turbines and is projected to generate approximately 105 GWh of clean electricity on an annual basis.
The venture into the Przyrow wind project is a strategic move by Polsat Plus to expand its clean energy portfolio. To further this development, Polsat Plus' subsidiary, Cyfrowy Polsat SA, secured PLN 360 million (equivalent to USD 84.9 million or EUR 80.6 million) in debt financing from Switzerland-based EFG Bank Ltd last month.
Polsat Plus Group initiated its involvement in the clean energy sector in 2021, establishing it as the third segment of the group's business operations. Presently, the group's clean energy capacity totals around 330 MW, with ambitious plans to expand this capacity to 740 MW by 2025.
