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ENGIE Signs PPA with Meta for 600 MW Solar Project in US

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Meta has signed a new Power Purchase Agreement (PPA) with ENGIE to buy all the energy from a 600 MW solar project, the biggest ever built by ENGIE in the United States. The deal brings the total renewable capacity between the two companies to over 1.3 GW nationwide, marking the next step in their growing partnership.

ENGIE confirmed that the PPA covers its upcoming Swenson Ranch solar project, located in Stonewall County, Texas. Scheduled for commissioning in 2027, the 600 MW solar farm will become ENGIEโ€™s largest single asset in the U.S. market. The company currently runs or is building more than 11 GW of renewable capacity across the country, covering solar, wind, and battery storage projects.

Meta will take the entire power output from the Swenson Ranch project to run its U.S. data centers. The large solar site is also expected to boost local economies, creating around 350 skilled construction jobs and generating close to $160 million in local tax revenue over its lifetime. With this deal, the total renewable capacity under ENGIE and Metaโ€™s contracts now exceeds 1.3 GW, spread across four major projects in Texas.

โ€œThis project marks an important step forward in the partnership between our two companies and their shared desire to promote a sustainable and competitive energy model. It fully illustrates ENGIE’s ability to design and deliver large-scale renewable projects, efficiently mobilizing the entire local value chain. Working with Data Centers and industrial customers, we are a reliable partner that brings competitive energy solutions tailored to their needs,โ€ said Paulo Almirante, ENGIE Senior Executive Vice President, Renewable & Flexible Power.

ENGIE is ramping up the rollout of PPAs worldwide, seeing them as a key tool to help clients move toward decarbonization. These long-term renewable deals allow companies to lock in stable energy costs, limit market risks, and cut their carbon emissions. With 4.3 GW of renewable PPAs signed by 2024, ENGIE strengthens its standing as a leader in this growing market, particularly in the United States, where the push for clean and reliable energy keeps gaining momentum.

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