Google signs $3B hydropower deal with Brookfield
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Technology companies like Alphabet's Google have distinct energy needs. Their data centers require a steady stream of power 24/7.
Google wants to power its data centers with clean energy only, so it's investing in 20-year PPAs for hydroelectricity.
Broofield Renewable Partners
Brookfield Renewable is benefiting from surging power demand. The company anticipates rapid growth over the next decade. Shares of Brookfield Renewable (NYSE: BEPC) surged 11.5% in June, according to data provided by S&P Global Market Intelligence.
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