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Billion-Dollar Investment in Geothermal Coming to New Mexico

Summary by KOAT
The partnership is between XGS Energy and Meta to advance an energy source mostly untapped in the state.

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The technological giant Meta has signed an agreement with the startup XGS Energy to develop "next generation" geothermal projects in New Mexico. The plan envisages injecting 150 MW of clean energy directly into the power grid that feeds the company's data centers. To get an idea, 150 MW is equivalent to lighting more than one hundred thousand kettles at the same time, but constantly and carbon-free. Meta has been diversifying its energy matrix f…

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WWWhat's new broke the news in on Sunday, June 15, 2025.
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