Facebook Data Center in Georgia to Get Power From New Solar Projects

Date : 12/19/2019 @ 6:52PM
Source : Dow Jones News
Stock : Facebook Inc (FB)
Quote : 217.8  0.0 (0.00%) @ 9:30AM
Pre-Market
Last Trade
Last $ 218.50 ▲ 0.70 (0.32%)

Facebook Data Center in Georgia to Get Power From New Solar Projects

Facebook (NASDAQ:FB)
Historical Stock Chart

2 Months : From Dec 2019 to Feb 2020

Click Here for more Facebook Charts.
   By Stephen Nakrosis 
 

A Facebook Inc. (FB) data center in the U.S. state of Georgia will be supplied with renewable energy as part of a deal with customer-owned power company Walton Electric Membership Corp.

Walton said it executed contracts with Silicon Ranch, the U.S. solar platform for Shell, on behalf of Facebook for two new solar projects in the state with a combined capacity of 125MW.

Silicon Ranch will fund, build, own and operate the facilities. The 25MW Appling Solar Farm is scheduled to come online in late 2020. The Lumpkin Solar Farm, scheduled for completion in 2022, will produce 100MW of solar energy, Walton said.

All told, Walton said, it has executed six contracts for Facebook to supply a total of 435MW of new renewable energy in Georgia.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 19, 2019 13:37 ET (18:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest FB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.