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Corporate power purchase agreements have helped bring at least 13 gigawatts of software and wind power to the U.S. grid over the past decade — and more than 4.5 GWs during 2018 alone, thanks to a new deal revealed Monday. But the underlying risks associated with these contracts aren’t for the faint of heart. That is, of course, if you’re an insurance company.
Microsoft has figured out a way to use this to its advantage.