Meta Secures 240MW Texas Solar Attributes with Sunraycer Renewables Deal

• Meta buys 100% of environmental attributes from Sunraycer’s Midpoint and Gaia Solar projects (240.5 MWAC/311 MWDC) in Texas, supporting its 24/7 carbon-free energy goal.

Meta Platforms Inc. has struck two landmark agreements with Sunraycer Renewables LLC to acquire all environmental attributes from 240.5 MWAC/311 MWDC of new solar capacity in Texas. The deals support the development of the Midpoint Solar and Gaia Solar projects, as Meta races to power its global operations entirely with renewable energy.

The first project, Midpoint Solar, will be built in Hill County and deliver 97.5 MWAC/127 MWDC of clean electricity into the Electric Reliability Council of Texas (ERCOT) grid. Construction is slated to conclude in the fourth quarter of 2025, at which point Meta will claim 100 percent of the solar park’s renewable energy certificates and other environmental credits.

Meanwhile, the 143 MWAC/184 MWDC Gaia Solar facility will rise near Kerens in Navarro County, also feeding the ERCOT network. Together, Midpoint and Gaia will generate enough clean power to offset a significant slice of Meta’s substantial energy consumption in the region, helping cement the company’s commitment to matching its power use with renewable sources on an hourly basis.

Sunraycer Renewables, backed by Crayhill Capital Management, is developing these sites as part of its broader 4 GWAC pipeline of solar and battery-storage assets. By selling 100 percent of environmental attributes to Meta, Sunraycer secures stable long-term revenue streams, enabling both firms to advance their sustainability goals.

“Partnering with Meta validates the quality and scale of our Texas projects,” said a Sunraycer spokesperson. “We’re proud to deliver reliable clean energy solutions that align with our investor-backed growth strategy.” Meta, which has already entered similar renewable energy deals around the world, sees this latest move as a critical step toward its 2030 target of operating on 24/7 carbon-free energy.

With ERCOT’s grid becoming increasingly crowded with new renewable entrants, large corporate buyers like Meta play a pivotal role in underwriting the financing of utility-scale solar developments. As technology costs continue to fall and demand for clean power surges, Texas remains a prime market for massive solar investments—anchored by creditworthy offtakers and experienced developers.