Meta signs agreements for 760 MW of renewable energy with Invenergy
Author: PPD Team Date: 09/12/2024
Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW.
Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy.
The agreements cover four solar energy centres in the US, including Hardin II Solar (Ohio, 150MW), Delilah II Solar (Texas, 150MW), Tip Top Solar (New Mexico, 110MW), and Chalk Bluff Solar (Arkansas, 350MW), which will come online between 2024 and 2027.
The electricity generated will support the local grid, enhancing regional reliability while Meta will earn clean energy credits for bringing new generation capacity online.
Invenergy, a major clean energy developer, views the collaboration as an opportunity to meet rising energy demand and create local economic benefits.