Facebook is negotiating to acquire renewable-energy credits from MidAmerican Energy's proposed $1.9 billion Wind VIII project in Iowa. "Facebook is interested in utilizing a part of Wind VIII's 1.05GW, in order to provide renewable energy credits for its new data center in central Iowa," wrote Dean Crist, MidAmerican's vice president of regulation, in a regulatory filing. "The arrangement would have MidAmerican assume a Facebook option on a wind farm site and then develop it as part of Wind VIII," Crist wrote.

Related Summaries