✉news EnvironmentEnergy first seen 15 h ago, last 14 h ago, peak #15
Zelestra secures $350 million for Meta-backed solar project
Original: Zelestra closes $350 million funding for 203 MW Reclamation Solar project backed by Meta
Spanish renewable energy developer Zelestra has closed $350 million in financing for its 203 MW Reclamation Solar project in the United States, a facility backed by a power purchase agreement with Meta. The deal supports Meta's push to power its data centres with clean energy and adds momentum to large-scale corporate-backed solar development.
Why now: The scale of the financing and Meta's involvement in corporate renewable procurement are drawing attention in the energy sector.
Evidence
- Zelestra closes $350 million funding for 203 MW Reclamation Solar project backed by Meta · Renewable Energy Magazine
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