France-based ENGIE North America and Meta completed an Environmental Attributes Purchase Agreement (EAPA) for a 260 MW solar project named Sypert Branch in Milam County, Texas, aimed to support Meta’s data center near Temple, TX. The project is set to begin operations in late 2025, with Meta purchasing all output to align with its net zero emission goals. The development is expected to employ over 300 local workers during construction and contribute more than $69 million in tax revenues, with $45 million allocated for two local school districts. This initiative enhances ENGIE’s renewable portfolio of 8 GW in North America and helps close nearly 1 GW of corporate PPAs in the U.S. for 2024.
Meta completes 260 MW Sypert Branch solar project with ENGIE in Texas
ENGIE’s Sypert Branch solar project, operational by late 2025, is set to generate $69 million in tax revenues, with $45 million benefiting two local school districts. (Image Source: engie)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)