Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, set to cost ~$14B and bring capacity online starting in 2028 (Meta Newsroom)

<a href="https://about.fb.com/news/2026/07/meta-announces-new-venture-with-blackrock-to-develop-data-center-in-el-paso/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260728/i6.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260728/p6#a260728p6" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://about.fb.com/">Meta Newsroom</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://about.fb.com/news/2026/07/meta-announces-new-venture-with-blackrock-to-develop-data-center-in-el-paso/">Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, set to cost ~$14B and bring capacity online starting in 2028</a></b></span>&nbsp; &mdash;&nbsp; Meta and BlackRock announce a venture to finance the development and operation of a data center campus in El Paso, Texas</p>