Good Energies, Google and Marubeni invest in the Atlantic Wind Connection, while the search engine group prepares to take its time with Google Ventures' international expansion
New York-listed search engine group Google has backed a renewable energy project even as it prepares for a "slow" global roll out of its corporate venturing unit, Google Ventures, outside of the US.
Good Energies, a Switzerland-based investor in renewable energy and energy efficiency industries, Google and Japan’s Marubeni trading company have invested in the Atlantic Wind Connection (AWC), an electricity transmission project for the eastern US coast. When fully complete, the transmission backbone will provide about 6,000MW of offshore…