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Meta inks a new geothermal energy deal to support AI

Justine Calma

created: June 12, 2025, 8 p.m. | updated: June 12, 2025, 11:40 p.m.

It announced the deal with XGS Energy today, a company developing next-generation geothermal technologies that make it possible to use this energy source in places where it was unfeasible before. Those needs are buoying geothermal startups like XGS Energy“Advances in AI require continued energy to support infrastructure development,” Urvi Parekh, global head of energy at Meta, said in a press release. Last year, Meta made a separate 150MW deal with Sage Geosystems to develop new geothermal power plants. XGS Energy is also seeking to exploit geothermal energy from dry rock resources. Meta declined to say how much it’s spending on this deal with XGS Energy.

2 weeks, 3 days ago: The Verge