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Oct 27, 2025 8:01 PM

Meta Deepens Clean Energy Pact With ENGIE

Meta Platforms, Inc. (NASDAQ:META) shares climbed Monday after the company deepened its clean energy push.

ENGIE SA’s (OTC:ENGIY) North American subsidiary has signed an additional Power Purchase Agreement (PPA) with Meta, substantially increasing their collective contracted energy capacity.

The deal expands their total contracted energy capacity across four Texas projects to over 1.3 GW. The new PPA includes ENGIE’s new 600MW Swenson Ranch Solar project.

Also Read: Meta’s Clash With EU Deepens After New EU Accusations Over Digital Rules

Key Project Details

The project, set to ...