Meta Backs RWE’s Waterloo Solar Project Promising $26m in Bastrop Economic Activity, 300 Jobs

Bastrop, TX — RWE, the U.S.’s third-largest renewable energy player, inked a power purchase agreement with Meta on March 18, 2025, locking in 100% of the output from its 200-megawatt Waterloo Solar Project in Bastrop County. Construction kicks off late 2025.

The Details:

• Scale: 200 MWac, enough to power 50,000+ homes.

• Jobs: 300 full-time gigs during peak construction, mostly local hires.

• Economic Boost: $26 million in activity from wages and local spending during buildout.

• PPA Basics: PPAs are long-term deals where buyers (like Meta) lock in renewable energy from producers (RWE), ensuring stable revenue and green power—Meta’s third RWE pact in months.

• Timeline: Online by 2027.

Why It Matters:

Texas’s renewable boom gets a jolt—RWE’s $26M infusion into Bastrop County fuels jobs and Meta’s green energy push, building on 574 MW of prior RWE-Meta deals.

The Catch:

Exact operational dates and long-term job counts are still hazy.

Bottom Line:

RWE and Meta’s Waterloo PPA turns Bastrop into a solar hotspot.