Invenergy to Provide Meta with Nearly 800 MW, Supporting Data Center Operations

Rhea-AI Summary

Meta (NASDAQ:META) has signed four new clean energy agreements with Invenergy, adding 791 megawatts (MW) of solar and wind energy capacity to support its data center operations and AI initiatives. This nearly doubles their previous partnership, bringing the total to 1,800 MW.

The new agreements include four facilities across Ohio, Arkansas, and Texas, with operations expected to begin between 2027-2028. The largest facility, Yellow Wood Solar Energy Center in Ohio, will provide 300 MW of capacity. The electricity will be delivered to local grids, with Meta receiving clean energy credits for the new generation capacity.

Positive

• Addition of 791 MW of clean energy capacity demonstrates significant expansion of renewable energy infrastructure
• Strategic diversification across multiple states (OH, AR, TX) reduces geographical risk
• Near-term energy capacity secured to support growing AI operations and data centers
• Partnership expansion indicates strong execution of Meta's clean energy goals

Negative

• Long lead time with operations not beginning until 2027-2028
• Significant dependence on a single energy provider for large portion of clean energy needs

New agreements nearly double total procured clean energy between the companies, provide near-term energy capacity

CHICAGO, June 26, 2025 /PRNewswire/ -- Invenergy, America's largest privately held developer, owner and operator of clean energy solutions, and Meta Platforms, Inc (Nasdaq: META) today announced they have signed four additional clean energy agreements that represent an additional 791 megawatts (MW) of procured solar and wind energy. The agreements will provide near-term energy to support Meta's operations, data center growth, and clean energy goals.

The agreements come after the 2024 announcement of Meta's 1,000 MW of total procured energy from Invenergy. Together, these projects bring the companies' partnership to a total of 1,800 MW, including over 740 MW of new energy generation in Ohio. The electricity from these projects will be delivered to the local grid, while Meta will receive the clean energy credits associated with the new generation capacity coming online.

"Winning the AI race requires reliable, cleaner, affordable energy and energy infrastructure - today and in the future. We're grateful for our continued relationship with Meta and look forward to future partnerships as we work to strengthen American energy independence and economic prosperity," said Ted Romaine, Invenergy's Executive Vice President of Origination.

"We're laser-focused on advancing our AI ambitions—and to do that, we need clean, reliable energy. We're grateful for Invenergy's longtime partnership that helps us support our energy needs and implement our clean energy goals, and look forward to continued collaboration," said Urvi Parekh, Meta's Head of Global Energy.

The agreements are contracted through four Invenergy-developed facilities strategically located across the U.S. to meet soaring energy demand with domestically produced electricity. These energy centers include:

• Yellow Wood Solar Energy Center (OH) – 300 MW – Expected Commercial Operations 2027
• Pleasant Prairie Solar Energy Center (OH) - 140 MW – Expected Commercial Operations 2027
• Decoy Solar Energy Center (AR) - 155 MW – Expected Commercial Operations 2027
• Seaway Wind Energy Center (TX) - 196 MW – Expected Commercial Operations 2028

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 34,000 megawatts of projects that are in operation, construction or contracted, including natural gas, solar and wind power generation, transmission infrastructure, and advanced energy storage projects.

View original content to download multimedia:https://www.prnewswire.com/news-releases/invenergy-to-provide-meta-with-nearly-800-mw-supporting-data-center-operations-302492175.html

SOURCE Invenergy

FAQ

How many megawatts of clean energy will Meta (META) receive from the new Invenergy agreement?

Meta will receive 791 megawatts (MW) of additional solar and wind energy capacity through four new clean energy agreements with Invenergy.

What is the total clean energy capacity between Meta and Invenergy after the new agreement?

The total clean energy capacity between Meta and Invenergy has reached 1,800 MW after adding the new 791 MW agreement to their previous 1,000 MW partnership.

When will Meta's new clean energy facilities begin operations?

The four new facilities are expected to begin commercial operations between 2027 and 2028, with three solar centers and one wind energy center.

How does this clean energy agreement support Meta's AI initiatives?

The agreement provides Meta with clean, reliable energy necessary to support its growing AI operations and data center expansion, which are crucial for its AI ambitions.

Which states will host Meta's new clean energy facilities with Invenergy?

The new facilities will be located across three states: Ohio (440 MW total from two solar centers), Arkansas (155 MW solar), and Texas (196 MW wind).