ENGIE and QTS Sign 48 MWac Solar PPA in Texas

โดย PR Newswire·US·Read original
Summary · why it matters

ENGIE announced a 48 MWac solar power purchase agreement with QTS to supply renewable energy to the company's data center operations in Irving, Texas. The agreement was executed in parallel with a long-term PPA between ENGIE and ABEI Energy, securing renewable generation from ABEI Energy's Lubio Solar project in north-central Texas. Lubio Solar is an approximately 61 MWac pre-commercial-operation-date solar project located in Kaufman County, Texas, developed by ABEI Energy, and once operational is expected to generate approximately 150 GWh of clean electricity annually, equivalent to avoiding 100,778 metric tons of CO₂ emissions per year. This transaction marks ABEI Energy's first renewable energy deal with ENGIE in the United States, building on an established partnership between the two companies in Europe. ENGIE was ranked first worldwide in BloombergNEF's 2025 benchmark, with 3.6 GW signed in 2025 and 13.8 GW contracted since 2011.

Impact on assets 1

Utilities▲ · 1 stocks
Engie S.A.
ENGI
▲ PositiveDemandrelevance

ENGIE signs a 48 MWac solar PPA with QTS and a long-term PPA with ABEI Energy, expanding its renewable energy contracts.

Theme Impact 2

Off-coverage companies 2

ABEI EnergyPrivate▲ Positive
Demandrelevance

ABEI Energy signs its first renewable energy deal with ENGIE in the US, securing a long-term PPA for its Lubio Solar project.

QTS Data CentersPrivate▲ Positive
Demandrelevance

QTS secures a 48 MWac solar PPA to power its data center operations in Texas, ensuring renewable energy supply.

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