900 Million investment in Texas solar farm from Meta

Meta, the parent company of social media platform Facebook, has agreed to buy all of the power from a $900 million solar farm being developed near Abilene by Houston-based energy company ENGIE North America. The 600-megawatt Swenson Ranch solar farm, located in Stonewall County, will be the largest one ever built in the U.S. by ENGIE. The solar farm is expected to go online in 2027. The first projects under the ENGIE-Prometheus umbrella are expected to go online in 2026. ENGIE and Prometheus said their partnership “brings together ENGIE's deep expertise in renewables, batteries, and energy management and Prometheus' highly efficient liquid-cooled data center design to meet the growing demand for reliable, sustainable compute capacity — particularly for AI and other high-performance workloads. - Companies involved: Meta (Facebook’s parent company) and ENGIE North America (a Houston-based energy developer). - Project: The Swenson Ranch Solar Farm, a 600 MW facility in Stonewall County, near Abilene, Texas. - Cost: $900 million — one of ENGIE’s largest solar investments in the U.S. - Timeline: Expected to come online in 2027. - Offtake Agreement: Meta has agreed to buy 100% of the power generated by the project. - Scale of partnership: Across four ENGIE projects in Texas, Meta will source over 1.3 GW of renewable energy