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Power · Evidence brief

DESRI and Meta add 850 MW of renewable PPAs

D. E. Shaw Renewable Investments + Meta

Primary sourcePress release only2026-05-12
Deal structureRenewable power purchase agreements / solar and battery storage procurement
GeographyOklahoma + Texas + Mississippi + broader U.S. renewable portfolio
Infrastructure layersPower + data centers + renewable energy
Disclosed scale850 MW of new 2026 PPAs; DESRI + Meta partnership now totals about 2,575 MW across nine states

Why it matters

The strategic read

Shows Meta continuing to add grid-scale power procurement behind AI and data-center growth, even while it separately pursues nuclear, fiber, and GPU-cloud capacity. The new 850 MW tranche is below 1 GW by itself, but the DESRI relationship is now a multi-gigawatt renewable-and-storage lane across nine states.

Source-supported terms

What was disclosed

  1. 01

    DESRI and Meta announced 850 MW of new power purchase agreements signed in 2026.

  2. 02

    The new tranche includes 500 MW in Oklahoma, 200 MW in Texas, and 150 MW in Mississippi.

  3. 03

    DESRI says the Meta partnership now covers approximately 2,575 MW of solar and battery storage projects across nine states.

  4. 04

    DESRI expects approximately 1,110 MW of the contracted projects to begin construction this year.

Disclosure boundary

What is known—and what is not

Public announcement; individual PPA prices, tenor, project names, interconnection queues, battery durations, Meta facility matching, and delivery milestones are not fully public.