EDF Renewable Energy Signs Agreement with Google to Supply 200 Megawatts of Wind Energy

SAN DIEGO–(BUSINESS WIRE)–#EDFREEDF
Renewable Energy
has signed an agreement to supply Google,
a subsidiary company of Alphabet (NASDAQ: GOOGL) with 200 megawatts (MW)
of wind energy generated from the new Glaciers
Edge Wind Project
in Iowa.

Glaciers Edge Wind Project, located in Cherokee County in the northwest
portion of the state, is expected to create more than 150 jobs during
the construction phase along with millions of dollars injected into the
local economy. Once the wind farm comes online, anticipated in December
2019, the additional capacity will help Google
reach its goal of purchasing enough renewable energy to match its energy
consumption for global operations.

Dai Owen, Director, Power Marketing for EDF RE commented, “The strong
U.S. wind market relies in part on America’s corporate sector and
companies like Google, who through the purchase of wind energy demonstrate
leadership in the drive for a low-carbon economy
. Their commitment
allows Glaciers Edge to proceed, providing an economic boost to the Iowa
economy, through new construction and operations jobs, expanded tax
base, and recurring, long-term income for participating landowners.”

“Renewables from projects like Glaciers Edge bring value to our business
as we scale and accelerate investment in the communities where we
operate,” said Gary Demasi, Google's director of global infrastructure.
“With solar and wind declining dramatically in cost and propelling
significant employment growth, the transition to clean energy is driving
unprecedented economic opportunity and doing so faster than we ever
anticipated.”

EDF RE and Google forged a relationship in December 2012, when Google
made an approximate $200
million equity investment in EDF RE’s Spinning Spur Wind Project
,
located in Oldham County, Texas. The business partnership progressed in
2016 with the power purchase agreement for the Great
Western Wind Project
in Oklahoma which
supplies Google with 225 MW of clean electricity.

EDF RE is a leading developer among corporate buyers of renewables which
demonstrates the trust that environmentally-conscious companies place in
EDF RE to deliver value. The Company’s growing North America portfolio
of corporate purchasers includes Google,
Microsoft,
Salesforce,
Procter
& Gamble
, Kimberly-Clark,
Walmart
and Yahoo.

Glaciers Edge will bring the EDF RE’s portfolio of wind project
development in Iowa to 1.1 GW.

About EDF Renewable Energy:

EDF Renewable Energy is a leading US independent power producer with
over 30 years of expertise in the renewable industry, covering all range
of services from project origination, development, sales and marketing,
to long-term asset management. EDF Renewable Energy specializes in wind
and solar photovoltaic with presence in other segments of the renewable
energy market: distributed electricity, storage, biogas, and biomass.
EDF Renewable Energy’s North American portfolio consists of 9 gigawatts
of developed projects with 4.4 gigawatts of installed capacity
throughout the US, Canada, and Mexico. The operations and maintenance
subsidiary, EDF Renewable Services, operates 10 gigawatts throughout
North America. EDF Renewable Energy is a subsidiary of EDF Energies
Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF
group, the leading electricity company in the world. For more
information visit: www.edf-re.com

Contacts

EDF Renewable Energy Media Contact
Sandi Briner
[email protected]
+1
(858) 521-3525
or
EDF Energies Nouvelles Media Contact
Manon
de Cassini-Hérail
[email protected]
+33
1 40 90 48 22
or
Clarisse Placidoux
[email protected]
+33
1 40 90 49 46