By Sabela Ojea
Meta Platforms signed a new power purchase deal with the German utility RWE that would allow the tech giant to support its growing regional operations and data center capacity in Texas.
Under the agreement, Meta will purchase the entire output of RWE's Waterloo Solar project in Bastrop County, Texas, scheduled to begin construction late in 2025 with a planned capacity of 200-megawatts.
"RWE's Waterloo project which, once operational, will support Meta's goal of matching its operations with 100% clean and renewable energy," RWE said Tuesday.
The companies didn't provide financial details on the agreement, which represents the third deal of its kind between both parties.
In August, the companies disclosed that they had signed two long-term agreements for Meta to use RWE's power from its 274-megawatt County Run Solar project in Illinois and its 100 megawatt Lafitte Solar project in Louisiana, both planned for late 2025.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 18, 2025 12:51 ET (16:51 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。