Longroad reaches fin close on Meta-backed 300-MW solar farm in Texas

Martina Markosyan | Source: RenewablesNow | Posted 09/16/2025

Keyword Tags:

US-based renewables developer-operator Longroad Energy has achieved financial close and launched construction work on a 300-MWac/400-MWdc solar project in Yoakum County, Texas, which has an off-take agreement in place with Meta Platforms Inc (NASDAQ:META).

AI generated summary

Longroad Energy has successfully reached financial close and commenced construction on a 300-MWac/400-MWdc solar project in Yoakum County, Texas, backed by Meta Platforms Inc. The financing for the project includes debt from Societe Generale, CIBC, and other banks, along with a tax equity commitment from Morgan Stanley Renewables Inc. The solar facility, named 1000 Mile Solar, is expected to begin commercial operations in 2026 and will supply its output to the Southwest Power Pool grid under a contract with Meta.

This project represents Longroad's fifth solar installation in Texas, all of which utilize First Solar's photovoltaic technology. The facility will feature First Solar's Series 7 modules and smart tracker equipment from Nextracker. Additional partners include SOLV, responsible for engineering, procurement, and construction, and Northstar Energy Management, which will provide operations and maintenance services alongside Longroad Energy Services.

Link to Original Article

Please find the link to the full article below. (Please note that content provider might require a paid subscription)

Source Link: https://renewablesnow.com/news/longroad-reaches-fin-close-on-meta-backed-300-mw-solar-farm-in-texas-1281649/

Create a free trial account: Sign Up

Grid monitor is free to try. No credit card required

Longroad reaches fin close on Meta-backed 300-MW solar farm in Texas

AI generated summary

Link to Original Article

Create a free trial account: Sign Up

Already have an account? Login