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META Meta Platforms Inc

436.625
4.01 (0.93%)
Last Updated: 16:43:42
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.01 0.93% 436.625 436.58 436.67 439.6199 429.96 431.26 7,776,418 16:43:42

Facebook Data Center in Georgia to Get Power From New Solar Projects

19/12/2019 6:52pm

Dow Jones News


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   By Stephen Nakrosis 
 

A Facebook Inc. (FB) data center in the U.S. state of Georgia will be supplied with renewable energy as part of a deal with customer-owned power company Walton Electric Membership Corp.

Walton said it executed contracts with Silicon Ranch, the U.S. solar platform for Shell, on behalf of Facebook for two new solar projects in the state with a combined capacity of 125MW.

Silicon Ranch will fund, build, own and operate the facilities. The 25MW Appling Solar Farm is scheduled to come online in late 2020. The Lumpkin Solar Farm, scheduled for completion in 2022, will produce 100MW of solar energy, Walton said.

All told, Walton said, it has executed six contracts for Facebook to supply a total of 435MW of new renewable energy in Georgia.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 19, 2019 13:37 ET (18:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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