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Meta Secures $30 Billion for Louisiana Data Center Project

10/17/2025

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Story summary
  • Meta Platforms, Inc. is finalizing a nearly $30 billion financing package for Hyperion in Richland Parish, Louisiana.
  • Blue Owl Capital will partner with Meta and hold 20% ownership.
  • Morgan Stanley arranged over $27 billion in debt and about $2.5 billion in equity through a special purpose vehicle.
  • Completion is set for 2029, making Hyperion Meta's largest data center with up to 5 gigawatts.