Facebook to Purchase Renewable Power from Apex’s Altavista Solar Project

Apex Clean Energy announced that Altavista has executed a purchase agreement with Facebook for a 61.6MW portion of the project. Altavista will become the first project in Campbell County, Virginia, when it becomes operational in 2020.

The deal, which will help support Facebook’s operations in Virginia, is Apex’s second major transaction with the tech company this year. In August, Facebook signed a 200 MW PPA with Aviator East, which will be part of the largest single-phase, single-site project in the United States once it begins operations in Coke County, Texas, in 2020.

“Facebook is a clear leader in driving the transition to a new energy economy and working to lay the foundation for other companies, large and small, to achieve significant carbon reduction goals with cost-competitive energy,” said Mark Goodwin, president and CEO of Apex Clean Energy. “We’re thrilled to once again partner with Facebook at Altavista , expanding Apex’s track record of fulfilling corporate clean energy demand as the private sector escalates its efforts to decarbonize the grid.”

At 80 MW, the overall Altavista Solar project will be Apex’s largest solar project to date and the company’s first energy facility on the East Coast. The project will help support Facebook’s operations in Virginia and will help the company make strides toward its dual targets of reducing greenhouse gas emissions by 75% and supporting 100% of its operations with energy in 2020.

“We are happy to be partnering with Apex once again to add new renewable energy to the grid and bring additional investment to the state of Virginia,” said Urvi Parekh, Head of Renewable Energy at Facebook. “Facebook has set an ambitious goal of supporting its global operations with 100% renewable energy in 2020, and we appreciate Apex’s partnership as we work to reach that goal.”

Altavista Solar will generate approximately 200 full-time jobs during construction and over $1.8 million in local tax revenue over the project’s 35-year lifetime.