Brookfield Asset Management and Brookfield Renewable have signed a deal with Google for a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3GW of capacity in the world’s largest corporate clean power deal for hydroelectricity.

The first contracts executed under the HFA are for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania, representing more than $3bn of power and 670MW of capacity. The 20-year Power Purchase Agreements (PPAs) for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania will support Google’s operations. The transaction structure allows Brookfield to maintain existing commitments to power consumers such as Amtrak from the Safe Harbor facility.

Under the HFA, Google has the ability to procure carbon-free electricity from up to 3GW of hydroelectric assets that will be relicensed, overhauled, or upgraded to extend the asset’s useful life and continue adding power to the grid.

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