XGS New Mexico EGS Project — 150 MW enhanced geothermal (two-phase development)
Long-term PPA. XGS Energy's first major commercial deployment, partnered with Baker Hughes for drilling/completions. Two-phase project. Operational target 2030. Supports Meta's New Mexico data center operations. Adds to Meta's geothermal portfolio (Sage Geosystems 150 MW; Fervo 320 MW via SCE).
150MW
Capacity
Geothermal
Technology
NM
Location
Deal Details
- Deal Type
- Power Purchase & Offtake
- Seller / Sponsor
- XGS Energy (with Baker Hughes partnership)
- Buyer / Financier
- Meta Platforms
- Offtaker
- Meta Platforms
- Deal Value
- Undisclosed
- Stage
- Development
- ISO/RTO
- Western
- Source
- Think Geoenergy
Related Deals
Echols Grove Solar (253 MWdc, Lamar County TX) + Cedar Range Solar (188 MWdc, Hopkins County TX) — 441 MWdc total portfolio, Texas (ERCOT)
Zelestra (formerly known as X-Elio Energy) → Meta Platforms
441 MW
Entergy Louisiana / Meta Northeast Louisiana Data Center — up to 2,500 MW solar + BESS (3 locations), 5,200+ MW natural gas, 240 mi 500 kV transmission, Richland Parish, LA
Entergy Louisiana → Meta Platforms
Echols Grove Solar (253 MWdc, Lamar County TX) + Cedar Range Solar (188 MWdc, Hopkins County TX) — 441 MWdc combined, long-term PPAs with Meta
Zelestra (formerly X-Elio; EQT-backed) → Société Générale, HSBC
$600M
80 MW PPA from the 471 MW Mockingbird Solar Center under construction near Paris, Texas — brings project to fully contracted status
Ørsted (Mockingbird Solar Center) → Bloomberg LP
Juniper IIA Wind Farm — 98.4 MW onshore wind, Oregon
Iberdrola / Avangrid → Amazon
98 MW
Timber Road IV Wind Farm — 125 MW in Paulding County, Ohio
EDP Renewables North America → Microsoft
125 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.