Reported 3 days ago
Meta Platforms Inc. has finalized a nearly $30 billion financing package for its Hyperion data center in rural Louisiana, marking it as the largest private capital deal on record. In this partnership with Blue Owl Capital, Meta will retain a 20% stake while Morgan Stanley has arranged significant debt and equity financing. This innovative deal structure allows tech companies to develop large data centers without heavily impacting their credit ratings, signaling a trend for future hyperscaler developments.
Source: YAHOO