Austin, TEXAS – November 12, 2025 — Treaty Oak Clean Energy, LLC (“Treaty Oak”), a US independent power producer (“IPP”), today announced its 15-year power purchase agreement (“PPA”) with Google for 100 megawatts from the 1,033-acre Redfield Solar Project located in southeastern Grant County, Arkansas. Google will serve as the sole offtaker, with the clean power supporting data centers across the Midcontinent Independent System Operator (“MISO”) region.
“This agreement marks another significant milestone for Treaty Oak and underscores our ability to structure and deliver scalable clean energy solutions tailored to the needs of sophisticated energy buyers like Google,” said Rohit Ogra, co-founder and Chief Revenue Officer of Treaty Oak Clean Energy, LLC. “Through our agreement with Google, we continue to demonstrate our ability to deliver profitable projects that meet the evolving needs of corporate and institutional energy buyers, while also providing lasting economic benefits to our local community partners.
The Redfield Solar Project, which announced financial close of $123 million in December 2024, broke ground in early 2025, creating 275 peak construction jobs. It is expected to begin operations in Q2 2026 and over its lifetime, the project is forecasted to deliver $9 million in local and state tax revenue, supporting funding for roads, schools, and public services. Treaty Oak also donated $100,000 to contribute to the county’s library expansion efforts.
“Strengthening the grid by deploying more reliable and clean energy is crucial for supporting the digital infrastructure that businesses and individuals depend on,” said Will Conkling, Director of Clean Energy and Power at Google. “This collaboration with Treaty Oak Clean Energy will ensure a steady supply of reliable, affordable, and clean energy for our data centers, resulting in a stronger grid and healthier future for Arkansas.
The announcement follows a growing trend of large-scale energy buyers securing clean power in strategic markets. Google’s collaboration with Treaty Oak reflects a broader shift toward decarbonized operations and resilient energy sourcing. For more information about Treaty Oak Clean Energy and its growing portfolio of renewable energy projects, visit https://www.treatyoakcleanenergy.com/our-projects.
About Treaty Oak Clean Energy
Headquartered in Austin, Texas, Treaty Oak develops, builds, and operates clean energy projects in targeted US markets. We work with consumers and communities to create reliable, cost-effective energy solutions benefiting generations to come. Treaty Oak is a Macquarie Asset Management portfolio company, operating on a stand-alone basis. More information on Treaty Oak is available at treatyoakcleanenergy.com.
About Macquarie Asset Management
Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately $US588.1 billion in assets, Macquarie Asset Management provides a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset. As the world’s largest infrastructure manager, Macquarie Asset Management leverages the strength of a global platform, track record and strategic relationships to create value for partners and those whose savings Macquarie Asset Management is trusted to manage. With a portfolio that spans more than 170 companies and 105GW+ of green energy assets in construction, operations or development, Macquarie Asset Management’s investments underpin economies, communities and households, and are relied on by more than 280 million people every day. *
MAM Green Investments is a specialist green investor team within Macquarie Asset Management and a global leader in the development of companies, assets and technologies that aim to accelerate the global transition to net zero. The team manages a diverse range of green energy assets in over 25 markets, spanning established renewables and emerging green technologies.
Read more about Macquarie Asset Management at: www.macquarie.com/mam.
* All figures as at 31 March 2025.
Google’s mission is to organize the world’s information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Google Cloud, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.