Meta is investing over $50 billion in the expansion of its largest data centre
Meta is significantly scaling up its project to build data centres in Richland Parish, Louisiana. The company is increasing the site’s power capacity to 5 GW and is allocating an additional $1 billion towards infrastructure development.
This has been reported by Meta’s press office.
The planned capital investment exceeds $50 billion, and the facility’s total generating capacity will reach 5 GW.
This initiative significantly exceeds the initial parameters: it was previously expected that the facility’s capacity would be 2 GW, with an estimated cost of $27 billion.
In addition, the company will allocate $1 billion to modernising local infrastructure, including the road network and utility systems.
Construction of the facility, which began in late 2024, is being financed and developed as part of a partnership with Blue Owl Capital.
As a reminder, it was previously reported that the EU is demanding changes to Facebook and Instagram due to addiction concerns.
Follow us on Telegram
