How Investors May Respond To Engie (ENXTPA:ENGI) Expanding Meta Partnership With 600 MW Texas Solar Deal

How Investors May Respond To Engie (ENXTPA:ENGI) Expanding Meta Partnership With 600 MW Texas Solar Deal

Meta recently announced it will purchase 100% of the electricity generated by ENGIE’s upcoming 600 MW Swenson Ranch Solar project in Stonewall County, Texas, set to be ENGIE’s largest U.S. asset and operational by 2027. This agreement brings the ENGIE-Meta partnership in Texas to over 1.3 GW of renewable capacity, while the US$900 million project is expected to create 350 construction jobs and generate nearly US$160 million in local tax revenues throughout its lifespan. We’ll explore how…

Source: https://finance.yahoo.com/news/investors-may-respond-engie-enxtpa-060607933.html



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