Calgary-based energy giant Enbridge has reached a final investment decision on Clear Fork, a 600-megawatt utility-scale solar project in Texas, marking a major expansion of the company’s renewable power portfolio.
Located near San Antonio, the USD $900-million project is already under construction and is slated to come online by the summer of 2027. Once operational, it will provide 100% of its renewable electricity output to tech giant Meta under a long-term power purchase agreement.
“Clear Fork demonstrates the growing demand for renewable power across North America from blue-chip companies involved in technology and data center operations,” said Matthew Akman, Enbridge’s Executive Vice President of Corporate Strategy and President of Power.
The solar facility is expected to be accretive to Enbridge’s cash flow and earnings per share starting in 2027. It is part of the company’s strategy to leverage its construction expertise and financial strength to build out a low-risk renewables portfolio with strong commercial returns.
Meta, the parent company of Facebook and Instagram, continues to invest heavily in clean energy to power its global operations. “We are thrilled to partner with Enbridge to bring new renewable energy to Texas and help support our operations with 100% clean energy,” said Urvi Parekh, Head of Global Energy at Meta.
Clear Fork adds to Enbridge’s growing North American renewables footprint, reflecting a broader industry shift toward utility-scale clean energy solutions aligned with corporate decarbonization targets.
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