par ENGIE (EPA:ENGI)
ENGIE and Meta strengthen their partnership with a major renewable power purchase agreement in the United States
Press release 27 October 2025
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.
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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.
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About ENGIE
ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by 2045.
Turnover in 2024: €73.8 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and nonfinancial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
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ENGIE HQ Press contact: Tel. France : +33 (0)1 44 22 24 35 Email: engiepress@engie.com | Investor relations contact: Tel. : +33 (0)1 44 22 66 29 Email: ir@engie.com |
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ENGIE CORPORATE HEADQUARTERS
Tour T1 – 1 place Samuel de Champlain – Faubourg de l’Arche – 92930 Paris La Défense cedex – France
ENGIE – French limited liability company with capital of 2,435,285,011 EUROS – listed on the NANTERRE register
of trades and companies under number 542 107 651 – Tel: +33 (0)1 44 22 00 00 engie.com