Google to acquire a minority stake in New Green Power from BlackRock.

Google, an American multinational technology company, agreed to acquire a minority stake in New Green Power, an international photo voltaic system engineering and procurement team, from BlackRock, an American global investment management corporation. Financial terms were not disclosed. “As we witness growth in demand for digital services, powered by AI and data-centric technologies, it becomes imperative to invest in clean energy. The partnership is a testament to the shared commitment between Google and BlackRock to driving the transition to a low-carbon economy,” David Giordano, BlackRock Global Head of Climate Infrastructure.