Story perspectives
Meta's $27B Data Center Sparks Financial and Environmental Concerns
11/25/2025
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Story summary
- Meta Platforms is building a $27 billion data center in Louisiana, financed through debt that will not appear on its balance sheet.
- The financing structure raises questions about the financial engineering behind the project.
- WSJ’s Joanna Stern explores the energy consumption involved in generating AI images and videos, illustrating the environmental impact of such technology.
- The article suggests the financial arrangement may be too favorable to be sustainable.
