Calgary-based Enbridge has made a final investment decision on Clear Fork, a 600-megawatt solar project in Texas valued at USD $900 million. Located near San Antonio, the utility-scale facility is under construction and set to be operational by summer 2027. All electricity produced will be supplied to Meta under a long-term power purchase agreement.
Enbridge expects the project to boost cash flow and earnings beginning in 2027, aligning with its strategy to grow a stable, low-risk renewable energy portfolio. Clear Fork reflects increasing demand for clean energy from major technology companies such as Meta.
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