Meta Nears $30 Billion Financing Deal for Major Louisiana Data Center Expansion

Meta Platforms Inc. (NASDAQ: META) is reportedly finalizing a massive $30 billion financing deal to develop a new data center in Richland Parish, Louisiana, signaling another bold move in the company’s growing investment in artificial intelligence infrastructure. According to Bloomberg, Meta will partner with Blue Owl Capital Inc. in the project, known as the Hyperion data center, with Meta retaining a 20% ownership stake.

The financing package, led by Morgan Stanley, consists of more than $27 billion in debt and approximately $2.5 billion in equity through a special purpose vehicle (SPV). This structure allows Meta and its partners to efficiently fund one of the largest data center projects in the U.S. while maintaining financial flexibility.

This latest initiative underscores Meta’s aggressive strategy to expand its data center footprint to meet the rising computing demands driven by AI technologies and the metaverse. Over the past year, the company has been heavily investing in advanced computing infrastructure, securing top engineering talent, and increasing its GPU and server capacities to power its AI ambitions.

Meta’s Louisiana project follows its recent announcement of a $1.5 billion investment in a new data center in Texas, reflecting the company’s broader push to strengthen its data infrastructure across multiple states. These developments come as major tech giants—such as Google, Amazon, and Microsoft—also accelerate data center construction to support AI-driven growth.

By partnering with global investment firms and leveraging innovative financing, Meta continues to position itself as a leading force in the AI and digital infrastructure landscape. The Louisiana facility, once completed, is expected to become a key hub in Meta’s expanding network of hyperscale data centers, further fueling the company’s next generation of AI-powered services and applications.