Facebook parent Meta inks deals for solar power [Video]

SCOTT COUNTY, Missouri — Meta Platforms Inc., the parent of social media apps including Facebook and Instagram, has agreed to buy energy from a solar project in southeast Missouri.

Arevon Energy Inc., a renewable energy company, and California-based Meta (Nasdaq: META) have reached two long-term environmental attributes purchase agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri, the companies said Tuesday in a press release.