Pine Gate Renewables and Meta have introduced the pair’s fourth venture, a renewable buy settlement for Magnolia Photo voltaic. Positioned close to Seguin, Texas, the 210-MW photo voltaic venture helps Meta’s efforts to proceed matching their operations with 100% clear and renewable power energy. Pine Gate’s Magnolia Photo voltaic venture is on monitor to turn into operational in 2026.
Magnolia Photo voltaic is a member of the Seguin Chamber of Commerce and just lately sponsored 5 scholarships by the Unbiased Cattlemen’s Affiliation of Texas. The Magnolia Photo voltaic venture will assist a whole lot of building jobs and is projected to pay over $30 million in native taxes with out putting a burden on surrounding sources or infrastructure.
“This partnership drives ahead Pine Gate’s mission to generate The Energy of Tomorrow, enabled by Meta’s management and our dedication to wash and renewable power venture execution,” stated Dave Groleau, govt VP at Pine Gate Renewables. “We’re excited to increase the portfolio of initiatives with Meta to over 500 MW of fresh and renewable power. Together with our different companions, this settlement helps drive greater than $750 million of third-party funding into renewable power infrastructure.”
Information merchandise from Pine Gate Renewables
