BlackRock Leads $12 Billion Debt Sale for Meta Data Center in Texas

businesstech 5 posts · 5 accounts

BlackRock is leading a debt sale targeting at least $12 billion for a new data center campus in El Paso, Texas.

The financing backs Meta’s operations at the site, marking a major capital commitment to the firm’s data center expansion in the state.

From the sources (5 posts)

@hut8corp

Hut 8 has fully commercialized its 1 GW Beacon Point AI data center campus with a second 352 MW IT lease, bringing campus-level base-term contract value to $19.6 billion. The 15-year lease doubles the existing high-investment-grade tenant's

@stocksavvyshay

$HUT signed a second 15-year, $9.8 billion AI data center lease at its Texas campus doubling the tenant’s contracted capacity to 704 MW. The deal fully leases the 1 GW Texas campus and brings total base-term contract value to ~$20B. https:

@wallstengine

$HUT signed a second 15-year, $9.8 billion AI data center lease at its Beacon Point campus in Texas, doubling the same investment-grade tenant’s contracted capacity to 704 MW. The deal fully commercializes the 1 GW campus and brings its to

@polymarket

BREAKING: BlackRock leads $12,000,000,000.00 in financing for massive Meta data centers in Texas.

@wsjbusiness

BlackRock is leading a debt sale targeting at least $12 billion for its massive new El Paso data-center project backed by Meta

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