Meta backs 150MW geothermal project in New Mexico
Meta has signed a deal with XGS Energy to develop a 150 megawatt (MW) geothermal project in New Mexico. The project will support Meta’s growing energy needs, especially as it expands its data centre and AI infrastructure in the state. The geothermal energy will be delivered through the PNM (Public Service Company of New Mexico) electric grid. The project will roll out in two phases, both expected to be online by 2030. XGS Energy is…