Meta formed a joint venture with Blue Owl Capital. Hyperion data centre is located in Louisiana, and Landry signed a law exempting data centers.
2 reports, 2 independent
Updated Aug 17
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What happened
Meta formed a joint venture with Blue Owl Capital. Hyperion data centre is located in Louisiana, and Landry signed a law exempting data centers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.The Meta/OWL/Hyperion JV is facing $27B in data center debt.1 source
Meta/Hyperion JV formed with OWL; facility in Louisiana; Landry signs data center law.1 source
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The entities involved
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OWL
company in Derio, Spain
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Hyperion
Norwegian nonprofit organization
Nothing else this week.
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Louisiana
state of the United States of America
Related events
- EY flagged Meta's data center structure as a critical audit matter, while Meta tied bonds to the Hyperion campus and managed a take-or-pay obligation with CoreWeave.
- Meta constructed a new data center facility in Richland Parish, Louisiana.
- In Louisiana, a data center project for Meta is advancing alongside land sales for Entergy's methane-burning power plant, benefiting from state tax breaks and political office.