RWE and Meta sign long-term power purchase agreement for offtake from 200 MW energy project

RWE and Meta announced a new power purchase agreement (PPA) for the offtake of 100% of the output from a 200 MWac Waterloo solar project in Bastrop County, Texas, USA which is set to begin onsite construction in late 2025.  

RWE's PPA with Meta represents the company's third long-term contract with the technology company in recent months, totaling a combined offtake of 574 MW from projects in Texas, Illinois and Louisiana. RWE previously announced it had secured two PPAs with Meta for 100% of the output from its 274 MWac County Run Solar project in Illinois and its 100 MWac Lafitte Solar project in Louisiana.