D. E. Shaw Renewable Investments (DESRI) has signed two long-term renewable vitality offtake agreements with Meta.
The tasks embrace a 250 MW AC photo voltaic facility in Missouri and a 150 MW AC photo voltaic facility in Texas. Each services are sited within the Midcontinent Unbiased System Operator (MISO) territory and are anticipated to succeed in industrial operation earlier than the top of 2027.
This portfolio contributes to DESRI’s rising photo voltaic portfolio with Meta, which additionally consists of tasks in Utah, Virginia and Arkansas.
“Our renewable vitality partnership with Meta has expanded to span 5 states, encompassing greater than 1,200 MW AC,” says Hy Martin, chief growth officer of DESRI. “These tasks will help native rural economies and are a part of DESRI’s long-term technique of creating, proudly owning and working clear vitality era sources in shut proximity to new load progress, notably with our company information middle clients in MISO and past.”
DESRI bought growth rights to a 150 MW AC venture from Acadian Renewable Power LLC, a three way partnership between SunChase Energy LLC and Eolian L.P., in 2022, and DESRI accomplished growth of the venture over the previous three years.
