Meta Inks More Clean Energy Deals with Developer Invenergy

Meta Platforms Inc. signed four contracts with closely held renewable energy developer Invenergy for wind and solar power as part of the Facebook-owner’s push to secure clean sources of electricity for its operations and data centers.

The agreements involve projects in three US states with a total capacity of 791 megawatts, the companies said in a statement. The electricity will supply local power grids while Meta will get the clean energy credits tied to the new generation.

The deals come as Congressional Republicans debate how quickly to phase out tax credits for renewable energy projects as part of US President ...