On June 12, 2025, XGS Energy and Meta Platforms announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico. This initiative aims to provide reliable, clean electricity to support Meta's data center operations, utilizing XGS Energy's proprietary geothermal technology, which enables geothermal power production with zero operating water use. By decoupling geothermal energy production from its historical dependence on natural water resources, the company’s technology dramatically expands the opportunities for geothermal power. Wilson Sonsini advised XGS Energy on the transaction.
The Wilson Sonsini team that advised XGS Energy on the transaction includes Michael Danaher and Todd Glass.
For more information, please see XGS Energy's news release.