Overview
- Meta announced Monday that its Hyperion campus in Richland Parish, Louisiana, will expand from a planned 2GW to 5GW and that the site will cost more than $50 billion.
- The company says it will pay the full energy, water and infrastructure costs for the site and that an agreement with Entergy will fund seven new gas plants, three grid-scale batteries and nuclear uprates tied to meeting the campus power needs.
- Meta reports more than $1.6 billion in local contracts since construction began and pledges over $1 billion for roads, water and wastewater improvements while local schools and businesses have already received sizable direct benefits.
- Meta told reporters the campus should reach 2GW by 2030 but gave no timeline for completing the full 5GW buildout, and the company did not explain how the scale-up affects the October 2025 joint venture that valued part of the project at roughly $27 billion.
- The expansion reinforces a broader industry race for GPU-heavy AI 'superclusters' and relies on state incentives, including a 20-year sales tax exemption, raising questions about long-term financing, grid impacts and how projected customer savings will be realized.