RWE: signs power purchase agreement with Meta
(CercleFinance.com) - RWE has signed a new power purchase agreement (PPA) with Meta for a 200 megawatt (MWac) solar project in Texas.
Meta will purchase 100% of the output from RWE's Waterloo Solar project in Bastrop County, Texas. Construction of the site is scheduled to begin in late 2025.
This agreement between RWE and Meta represents the company's third long-term contract with the technology company in recent months.
RWE had previously announced that it had entered into two PPAs with Meta for 100% of the output from its 274 MWac County Run Solar project in Illinois and its 100 MWac Lafitte Solar project in Louisiana.
RWE Clean Energy said that its partnership with Meta underscores the importance of unlocking US power generation from all sources to support load growth in Texas and across the US.
Meanwhile Meta is delighted to expand our partnership with RWE and look forward to the commissioning of the Waterloo solar project.
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