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Enbridge to Build $1.2 Billion Wyoming Solar-Storage Project for Meta

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Enbridge (ENB) and Meta Platforms (META) have expanded their renewable energy partnership with a solar and battery storage project in Wyoming to support the technology giant's growing US data center operations, the companies said on Tuesday.

The first phase of the Cowboy Project, located near Cheyenne, Wyoming, deepens the energy partnership between Canada-based Enbridge and Meta Platforms, bringing their total contracted renewable energy capacity across North America to about 1.6 gigawatts.

The project will combine 365 megawatts of solar generation with a 200-megawatt battery energy storage system capable of delivering 1.6 gigawatt-hours of electricity.

Enbridge said it expects to invest about $1.2 billion in the project, which is scheduled to begin operations by the end of 2027.

The battery storage component is designed to store electricity generated by the solar facility and discharge it during periods of high demand, helping improve grid reliability and supporting the integration of renewable power into the regional electricity system.

Power from the project will be delivered to Meta through Cheyenne Light, Fuel and Power under Wyoming's Large Power Contract Service tariff, which is tailored for large energy users such as data centers without affecting retail customer electricity rates.

Tesla (TSLA) will supply and service the battery systems under a long-term tolling agreement tied to the project.

Meta said the project would help support reliable electricity supplies for its data center operations while adding renewable energy capacity to the grid.

The Cowboy Project adds to Enbridge's existing renewable energy portfolio, supporting Meta, including the Clear Fork Solar, Easter Wind and Cone Wind projects in Texas.

Price: $423.80, Change: $+5.95, Percent Change: +1.42%

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