Google Signs Up for 236 MW of Wind Energy from Norway, Sweden

Google has agreed to purchase an additional 236 MW of energy from two new wind farms in Norway and Sweden, adding to three other Swedish wind deals. The new, long-term contracts cover all of the output from a 50-turbine project near Stavanger, Norway, which is set to be completed in late 2017, and a 22-turbine project near Mariestad and Töreboda, Sweden, which will be completed by early 2018. This brings Google's number of wind power power agreements...

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SES to Acquire 100% of O3b

SES exercised its call option and offered to acquire the remaining shares and warrants of O3b Networks, bringing its ownership stake from 49% to 100%. Specifically, SES will pay US$730 million to directly increase its fully diluted ownership of O3b from 49.1% to 100%, using proceeds from the company’s recent equity raising. On completion, SES will consolidate USD$1.2 billion of O3b net debt and will, following completion, refinance a significant...

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