Google Inc. Invested in Iowa Wind Farm
by James Pray
Friday, November 16, 2012
RPM Access, LLC announced on November 15, 2012 that it will receive a $75 million equity investment in their Rippey Wind Farm from Google Inc.
BrownWinick law firm attorneys, James Pray and Philip Stoffregen represented RPM Access, LLC and were involved in the environmental, zoning, and utility regulation review for this project and the recent investment by Google.
Rippey Wind Farm, located near the City of Perry in Greene County, Iowa, has 20 turbines generating 50 megawatts of electricity. The facility was built by RPM Access, LLC, a developer of wind farms headquartered in West Des Moines, Iowa and remains the active partner and manager in the project. The energy produced by Rippey Wind Farm will provide power to Central Iowa Power Cooperative (CIPCO), a Cedar Rapids wholesale provider of electricity. The Rippey Wind Farm became operational this fall and will provide enough electricity to power 15,000 homes. This is Google's first investment in an Iowa wind generation project.