ENGIE And Meta Strengthen Their Partnership With A Major Renewable Power Purchase Agreement In The United States

• Meta has signed a new Power Purchase Agreement (PPA) with ENGIE to purchase the entire output of a 600 MW solar farm, the largest ever developed by ENGIE in the United States.
• This new agreement brings the total capacity of the partnership between ENGIE and Meta to over 1.3 GW in the United States.

ENGIE announces that it has entered into a PPA with Meta for its new Swenson Ranch solar farm, located in Stonewall County, Texas. Scheduled for commissioning in 2027, this 600 MW project will be ENGIE's largest asset in the United States, where the Group has more than 11 GW of capacity in operation or under construction (solar, wind, batteries).

Meta will purchase 100% of the project’s output to support its data center operations in the United States. The Swenson Ranch project will generate significant economic benefits for local communities: 350 skilled jobs will be created during the construction phase, and close to $160 million in tax revenues will be generated locally over the life of the project.

This new agreement brings the total capacity of the renewable power purchase agreements signed between ENGIE and Meta to over 1.3 GW, across four major renewable projects in Texas.

"This 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," said Paulo Almirante, ENGIE Senior Executive Vice President, Renewable & Flexible Power.

ENGIE is accelerating the deployment of PPAs worldwide, positioning these contracts as a key lever to support its customers in their transition to decarbonization. These long-term renewable electricity contracts enable companies to secure stable energy prices, reduce their exposure to market volatility and significantly reduce their carbon footprint. With 4.3 GW of renewable PPAs signed by 2024, ENGIE confirms its position as world leader in this market, particularly in the United States, where demand for renewable energies remains high.