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NextEra Energy Resources and Meta Forge Clean Energy Partnership

In a significant move towards promoting sustainable energy, NextEra Energy Resources, LLC and Meta Platforms, Inc. have joined forces to reach approximately 2.5 gigawatts (GW) of clean energy contracts. This milestone marks a pivotal moment in their ongoing collaboration, driving innovation and fostering economic growth across the nation.

Power Purchase Agreements

The partnership was solidified through the signing of 11 power purchase agreements (PPAs) and two energy storage agreements (ESAs). These agreements allow NextEra Energy Resources to provide an astounding 2.1 GW of renewable energy sourced from nine solar projects distributed across three major markets: the Electric Reliability Council of Texas (ERCOT), Southwest Power Pool (SPP), and Midcontinent Independent System Operator (MISO). This initiative showcases how cooperation among industry giants can lead to remarkable advancements in energy efficiency.

New Mexico's Renewable Energy Initiatives

Additionally, NextEra Energy is making strides in New Mexico, where through two PPAs and two ESAs in Valencia and De Baca counties, it will generate 190 megawatts (MW) of solar energy and 168 MW of battery storage. This collaboration is designed to support the operations of the Public Service Company of New Mexico (PNM) and align with its Rate 36B initiative, allowing Meta and similar customers to engage in clean energy projects more effectively.

New Mexico's Governor, Michelle Lujan Grisham, emphasized the significance of this partnership: “The collaboration between NextEra Energy Resources, Meta, and PNM demonstrates our state’s leadership in clean energy and economic development, driving new investments in energy that empower our workforce.”

Economic Impact

The combined 2.5 GW across 13 projects is anticipated to become operational between 2026 and 2028, expected to generate upwards of 2,440 construction jobs. This development represents not just a leap towards clean energy but also a boost for local economies and job markets.

Meta’s head of energy, Urvi Parekh, voiced pride in this advancement, stating, “Continuing collaboration with NextEra Energy Resources promises to expand energy infrastructure and storage solutions. It highlights how industry partnerships can fuel technological progress while reinforcing America’s energy backbone.”

Brian Bolster, President and CEO of NextEra Energy Resources, echoed similar sentiments, recognizing that their initiatives are crucial for America’s technological expansion and energy independence. The partnerships signify a long-term commitment to enhance energy solutions within the U.S., and to ensure that the nation remains competitive in the global AI landscape.

Previous Endeavors and Future Goals

Notably, this new wave of projects builds on nearly 500 MW of existing collaborations between Meta and NextEra Energy Resources. With a shared vision, both companies aim to firmly secure America’s dominance in the energy sector while fulfilling Meta’s ambition of achieving 100% clean energy for its operational needs.

With an eye on the future, NextEra Energy Resources affirms its position as the leading developer of energy infrastructure in the U.S., boasting approximately 33,410 MW of net generating capacity, incorporating a diverse mix of renewable resources, battery storage, and other innovative technologies. This partnership not only strengthens energy capabilities but also highlights a collective dedication towards a brighter, greener future for America.

For more information about NextEra Energy Resources and their initiatives, visit www.NextEraEnergyResources.com.