RWE and Meta sign long-term power purchase agreement for offtake from 200 MW energy project [Yahoo! Finance]
RWE AG ORD S/ADR (RWEOY)
NASDAQ:AMEX Investor Relations:
rwe.com/web/cms/en/105818/rwe/investor-relations
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Source: Yahoo! Finance
Agreement marks RWE's third long-term PPA with Meta in recent months for homegrown energy from assets in three U.S. states AUSTIN, Texas March 18, 2025 /PRNewswire/ -- RWE, the third largest renewable energy company in the U.S., and Meta today announced a new power purchase agreement (PPA) for offtake from a 200-megawatt (MWac) solar project in Texas . Under the agreement, Meta will purchase 100% of the output from RWE's Waterloo Solar project in Bastrop County, Texas , which is set to begin onsite construction in late 2025. RWE Logo (PRNewsfoto/RWE) RWE is ready to deliver low-cost homegrown electricity to help meet demand and advance U.S. energy dominance. RWE's Waterloo project, once operational, will support Meta's goal of matching its operations with 100 percent clean and renewable energy. RWE's PPA with Meta represents the company's third long-term contract with the technology company in recent months, totaling a combined offtake of 574 MW from projects in Texas Illinoi
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