Meta Platforms Strikes Geothermal Energy Deal With Sage Geosystems To Power Data Centers; Sage Geosystems Says Partnership To Deliver Up To 150 MW Of New Geothermal Baseload Power To Support Meta's Data Center Growth
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms has entered into a geothermal energy deal with Sage Geosystems to power its data centers, marking a significant step towards sustainable energy solutions.
August 26, 2024 | 5:02 pm
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Meta Platforms has partnered with Sage Geosystems to utilize geothermal energy for its data centers, enhancing its commitment to sustainable energy solutions.
The partnership with Sage Geosystems for geothermal energy is a strategic move by Meta Platforms to enhance its sustainability profile. This aligns with growing investor interest in environmentally responsible companies, potentially boosting Meta's stock in the short term.
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