Pine Gate Renewables and Meta have introduced the pair’s fourth undertaking, a renewable buy settlement for Magnolia Photo voltaic. Situated close to Seguin, Texas, the 210-MW photo voltaic undertaking helps Meta’s efforts to proceed matching their operations with 100% clear and renewable vitality energy. Pine Gate’s Magnolia Photo voltaic undertaking is on observe to grow to be operational in 2026.
Magnolia Photo voltaic is a member of the Seguin Chamber of Commerce and not too long ago sponsored 5 scholarships by means of the Impartial Cattlemen’s Affiliation of Texas. The Magnolia Photo voltaic undertaking will help lots of of development 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 vitality undertaking execution,” mentioned 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 vitality. Together with our different companions, this settlement helps drive greater than $750 million of third-party funding into renewable vitality infrastructure.”
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