After investing heavily in Alameda’s wind-turbine company Makani Power, Google has purchased the innovative clean-energy firm, which is based at Alameda Point.
The news was first reported in a Business Week story on Wednesday, May 22.
The Makani Power website announces the news, but gives no details on the deal.
Makani was founded by the late Corwin Hardham and colleagues Saul Griffith and Don Montague in 2006.
Google invested $10 million in Makani in 2006 and another $5 million in 2008, according to TechCrunch. Makani has also received substantial support from the U.S. Department of Energy.
(Photo courtesy of Makani Power.)