Sources: BlackRock leads a $12B+ debt sale for Meta's new El Paso data center, as Meta signs a lease for a BlackRock-backed data-center project in Pennsylvania (Wall Street Journal)
BlackRock is arranging more than $12 billion in debt tied to Meta data-center buildout.
The financing is for Meta’s new data center in El Paso, according to the Wall Street Journal item surfaced by Techmeme. The same note says Meta also signed a lease for a BlackRock-backed data-center project in Pennsylvania. The piece frames BlackRock as both lender-side organizer and infrastructure backer in Meta’s AI capacity push. Techmeme's note
The financing is for Meta’s new data center in El Paso, according to the Wall Street Journal item surfaced by Techmeme. The same note says Meta also signed a lease for a BlackRock-backed data-center project in Pennsylvania. The piece frames BlackRock as both lender-side organizer and infrastructure backer in Meta’s AI capacity push. Techmeme's note
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