Meta Surges Partnership Beyond 2.5 GW

Meta and DESRI Secure 850 MW in New Power Purchase Agreements

• Meta and D.E. Shaw Renewable Investments (DESRI) have signed agreements for 850 MW of new power, increasing their total contracted capacity to approximately 2,575 MW across nine US states.
• The new projects will be located in Oklahoma (500 MW), Texas (200 MW), and Mississippi (150 MW).
• About 1,110 MW of the overall portfolio is expected to begin construction this year, creating hundreds of jobs.
• The projects involve solar generation and battery storage, with Meta purchasing electricity from DESRI’s solar farms.
• DESRI has committed to providing scholarship funding for students pursuing clean-energy careers in states with these projects.

Meta’s partnership with DESRI expands its renewable energy initiatives by securing an additional 850 MW through power purchase agreements, contributing to a total capacity of roughly 2,575 MW across various US states.