Meta and Blue Owl Form $27 Billion Data Center Joint Venture
The record-setting private credit deal will fund Meta's Hyperion AI data center campus in Louisiana, signaling a new financing strategy for Big Tech. Content:
A Record Private Credit Deal
Meta Platforms and asset manager Blue Owl Capital announced a $27 billion joint venture to build and operate a data center campus in Louisiana. The transaction is the largest private credit deal ever recorded. It signals a strategic shift in how major technology companies are funding the immense cost of artificial intelligence infrastructure.
Under the terms, Blue Owl will own an 80% stake in the venture, with Meta retaining the remaining 20%. The structure allows Meta to finance the capital-intensive project off its balance sheet. Meta CFO Susan Li said the partnership combines Meta's …
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