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Enbridge to Invest $900M in Meta Large Texas Solar Project
Enbridge has made a final investment decision to invest US$900 million on a 600-megawatt utility-scale solar project in Texas to supply renewable energy to Meta’s data-centre operations.
The Calgary-based company said the Clear Fork solar facility, located near San Antonio, is already under construction and scheduled to enter service in summer 2027.
Meta has signed a long-term agreement to purchase 100% of the power generated by the project, which Enbridge estimates will cost US$900 million.
“Clear Fork demonstrates the growing demand for renewable power across North America from blue-chip companies who are involved in technology and data center operations,” said Matthew Akman, Enbridge’s executive vice-president of corporate strategy and head of its power business. “Enbridge continues to advance its world-class renewables development portfolio using our financial strength, supply chain reach and construction expertise under a low-risk commercial model that delivers strong competitive returns.”
The company expects the development to be accretive to cash flow and earnings per share starting in 2027.
“We are thrilled to partner with Enbridge to bring new renewable energy to Texas and help support our operations with 100% clean energy,” said Urvi Parekh, Meta’s head of global energy.
Rendering: Meta
- ◦Development
- ◦Financing




