- Total procured clean energy between the two companies now
exceeds 1 gigawatt
- New agreement contracted through four Invenergy-developed
solar facilities
MENLO
PARK, Calif. and CHICAGO, Dec. 5, 2024
/PRNewswire/ -- Meta Platforms, Inc (Nasdaq: META) announced it has
signed four contracts with Chicago-based energy owner, operator and
developer, Invenergy, for 760 MW of clean energy. These new
Environmental Attribute Purchase agreements
(EAPAs) bring Meta's total clean energy procurement from Invenergy to over 1
GW.
"Energy demand is soaring—and Invenergy is excited
to work with Meta to deliver long-term, clean energy solutions to
support their operations," said Ted Romaine, Invenergy Executive Vice President
of Origination. "As the largest privately held
clean energy owner, operator and developer, we're pleased that
Invenergy's utility-scale solar projects can contribute to meeting
Meta's clean energy goals, while also
providing good-paying jobs and generating millions in
local economic benefits."
"Surpassing the 1 GW milestone in renewable
energy procurement from Invenergy is
a testament to Meta's commitment to matching
our growing power needs with clean energy,"
said Urvi Parekh, Meta's Head of Global
Energy. "We're grateful for Invenergy's long-term
collaboration. These projects will help us continue our commitment
to support all of our operations with 100% clean energy."
Meta's EAPAs are contracted through four Invenergy-developed facilities strategically
located across the U.S. to meet soaring energy demand with
domestically produced electricity. These solar energy centers
include:
- Hardin II Solar (OH) - 150 MW – Expected Commercial Operations
2024
- Delilah II Solar (TX) - 150 MW – Expected Commercial Operations
2025
- Tip Top Solar (NM) - 110 MW – Expected Commercial Operations
2026
- Chalk Bluff Solar (AR) - 350 MW – Expected Commercial
Operations 2027
The electricity from these projects
will be delivered to the local grid, increasing regional
reliability by delivering power to nearby
homes and businesses, while Meta will receive
clean energy credits for bringing new generation capacity
online.
About Invenergy
Invenergy is accelerating cleaner, more
reliable, affordable energy. Invenergy and its affiliated
companies develop, build, own, and operate large-scale renewable
and other clean energy generation, transmission and storage
facilities in the Americas, Europe, and
Asia. Headquartered in Chicago, Invenergy
has regional development offices in the United
States, Canada, Mexico, Spain, Japan,
Poland, and Scotland.
Invenergy and its affiliated companies have successfully
developed more than 32,000 megawatts of projects that are in
operation, construction or contracted, including wind, solar,
transmission infrastructure and natural gas power generation and
advanced energy storage projects.
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SOURCE Invenergy