Enbridge to Supply Meta with Power from Texas Solar Project

Enbridge has reached a final investment decision on Clear Fork, a 600-MW solar project in Texas, with Meta Platforms signing a long-term contract for 100% of the renewable output. The project is expected to enter service in 2027 and cost $900 million. Enbridge's Executive Vice President Matthew Akman said the project demonstrates growing demand for renewable power from blue-chip companies.

Enbridge Inc. has made a significant move in the renewable energy sector by reaching a final investment decision on the Clear Fork solar project in Texas. The 600-megawatt (MW) solar facility, located near San Antonio, will be supplied entirely by Meta Platforms, Inc., which has signed a long-term contract for 100% of the renewable output. The project is expected to enter service in the summer of 2027, with an estimated cost of $900 million.

Enbridge's Executive Vice President Matthew Akman highlighted the growing demand for renewable power from blue-chip companies, stating, "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" [1]. The project is anticipated to be accretive to Enbridge's cash flow and earnings per share starting in 2027.

Meta, known for its platforms such as Facebook, Instagram, and WhatsApp, is committed to sustainability and has been a significant corporate purchaser of renewable energy. The company has previously stated that it aims to reach net-zero emissions across its operational portfolio by 2020, primarily through matching 100% of its data center usage with renewable energy [2]. The Clear Fork solar plant is part of Meta's ongoing efforts to support its operations with clean energy.

The project's timeline aligns with the provisions of the One Big Beautiful Bill Act, which requires wind and solar projects to be placed in service by 2027 to qualify for the altered investment tax credit. This has prompted utility companies to accelerate their renewable energy projects to ensure they meet the new criteria [3].

Enbridge's investment in Clear Fork is part of its broader strategy to expand its renewable energy portfolio. The company's commitment to Indigenous partnerships is also evident, as seen in the recent acquisition by Stonlasec8 Indigenous Alliance Limited, representing 38 Indigenous communities in British Columbia, of a 12.5% ownership interest in Enbridge’s Westcoast natural gas pipeline system [1].

References:
[1] https://www.rigzone.com/news/enbridge_to_supply_meta_with_power_from_600mw_solar_project_in_texas-25-jul-2025-181260-article/?rss=true
[2] https://www.esgdive.com/news/meta-ppa-900m-enbridge-solar-investment-power-texas-data-centers-clear-fork-600mw/753967/
[3] https://www.utilitydive.com/news/meta-ppa-900m-enbridge-solar-investment-power-texas-data-centers-clear-fork-600mw/753971/