Meta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plan [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
its rapidly expanding plans for its massive AI data center complex in northeastern Louisiana, dubbed Hyperion. Meta's agreement with New Orleans–based Entergy , announced March 27, is to build and finance seven new power plants in Louisiana. That comes on top of plans approved last year to build three gas power plants for the sprawling AI hub. The 10 power plants with 7.5 gigawatts of capacity would represent a more than 30% increase to Louisiana's entire grid capacity, not even counting up to 2.5 gigawatts of renewable energy capacity, including battery storage, that Meta also agreed to help fund. Meta initially announced plans for a $10 billion investment in December 2024 for a 2,250-acre data center campus in northeastern Louisiana in rural Richland Parish. But Meta recently, and quietly, acquired an additional 1,400 acres, as Fortune reported in February . In October 2025, Meta entered a joint venture with funds managed by Blue Owl Capital to finance, build, and operate the Hy
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META
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- 3/25/26 - Form 4
- 3/24/26 - Form 4
- META's page on the SEC website