Meta Secures $3B Equity from Blue Owl for AI Data Center Expansion in Louisiana
Meta Platforms has partnered with Blue Owl Capital in a strategic $3 billion equity deal to fuel its AI data center expansion in rural Louisiana. The investment forms part of a larger $29 billion financing package, with Pimco leading a $26 billion debt tranche. This MOVE underscores Meta's aggressive push into AI infrastructure amid escalating capital demands.
Power supply constraints are reshaping the data center landscape, pushing tech giants toward rural locations. Meta's Louisiana project reflects this trend, as AI facilities are projected to consume up to 12% of U.S. electricity by 2028. The financing structure signals a broader industry shift toward collaborative models with private capital firms to manage soaring infrastructure costs.
