Meta Approaches $30 Billion Financing Deal for Louisiana Data Center, Set to Become Largest Private Capital Project on Record

Meta Platforms is on the verge of finalizing a nearly $30 billion financing package for its planned data center campus in rural Louisiana, according to a report by Bloomberg News. If completed, the deal would stand as the largest private capital investment in history. The massive funding is expected to support the development of one of the most advanced and expansive data center complexes in the United States, designed to power Meta’s growing artificial intelligence infrastructure and cloud services. The project, located in a rural area of Louisiana, is part of Meta’s broader strategy to expand its global data center footprint amid surging demand for AI computing. The financing package is believed to include a mix of debt and equity, with support from major financial institutions and possibly state and local incentives. The announcement underscores Meta’s commitment to long-term infrastructure investment, even as the company continues to navigate regulatory scrutiny and shifting market dynamics. The data center site is expected to create thousands of construction and permanent jobs, offering a significant economic boost to the region. Officials in Louisiana have been actively working to attract tech giants to the state, and this deal marks a major milestone in that effort. The project is still awaiting final regulatory approvals and closing details, but sources say the agreement is close to completion.