Amazon Announces $12 Billion Data Center Investment in Louisiana
Amazon (AMZN) is making a significant infrastructure play with a $12 billion investment in data center campuses across Louisiana's Caddo and Bossier Parishes. The project, developed in partnership with STACK Infrastructure, will create 540 full-time jobs while requiring additional skilled trades roles for ongoing operations.
The tech giant is covering all construction costs and committing up to $400 million for local water infrastructure improvements. This expansion aligns with Amazon's projected capital expenditures surge to $200 billion in 2026, up from $131 billion in 2025, despite its stock's 11% YTD decline.
Southwestern Electric Power Company (SWEPCO) will handle electrical infrastructure needs, though the announcement has faced some community resistance. Wall Street maintains a Strong Buy rating on AMZN with a $282.21 average price target, signaling confidence in Amazon's long-term growth strategy despite short-term market pressures.