IKEA Invests in U.S. Wind Farm, Joins Growing Trend

Posted April 11, 2014 at 9:57am

The Chicago Tribune reports that “home goods giant Ikea is building a wind farm in downstate Illinois large enough to ensure that its stores will never have to buy a single kilowatt of power again.”  

“’It’s about taking care of the environment and living within our means,’ said Rob Olson, chief financial officer of Ikea U.S.”  

“With the project, Ikea’s first wind investment in the U.S., the company is among a growing number of companies taking care of their energy needs by buying or investing in power produced by the wind and sun.”  

“Microsoft announced late last year it would purchase power from a 55 turbine wind farm in Texas. At the same time, Facebook announced it would power its new Iowa data centerusing wind energy from a wind farm MidAmerican Energy is constructing in the state. Over the last few years, Google has been ticking up its wind power purchases and investing in wind projects in Iowa, Oklahoma and Texas.”