Sage Geosystems signs 150 MW geothermal power agreement with Meta Platforms, Inc.
Type: Ppa · Technology: Geothermal, Other · Country: United States · Capacity: 150 MW · Announced: 2024-08-26
Sage Geosystems agreed to supply Meta Platforms, Inc. with 150 MW of geothermal power, with the first phase targeted to begin generating electricity for Meta's data centers in 2027; the project location is planned for a U.S. state east of the Rocky Mountains and financial terms were not disclosed.
Counterparties
- Meta Platforms, Inc (Offtaker)
- Sage Geosystems (Developer)
📈 The Sherpa Signal — one notable infrastructure deal a day.