Calgary-based electricity company TransAlta Corporation says it has signed a deal with Meta, under which the tech behemoth formerly known as Facebook will buy power generated at its new 200-megawatt wind farm in Oklahoma.
TransAlta says Meta has signed a long-term power purchase agreement to take all the output from the new project, The Canadian Press reports.
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Construction on the Horizon Hill wind power project in the state’s Logan County is slated to begin later this year, with commercial operation beginning in the second half of 2023.
TransAlta says the 34-turbine facility will cost about US$290 to $310 million to build and produce annual revenue of about $27 to $30 million.
TransAlta President and CEO John Kousinioris said the deal is an opportunity for the company to expand its wind power capacity in the U.S. while supporting Meta’s sustainability goals.
Urvi Parekh, head of renewable energy at Meta, said the tech company has powered its global operations with 100% wind and solar energy since 2020, and the TransAlta project will help it continue to meet that goal.
