Overview

• The debt portion is set to be issued as investment-grade bonds backed by the rural Louisiana data centers’ assets.
• The company plans to divest about $2 billion of existing data center assets under a co-development strategy to share construction costs.
• Meta considered bids from Morgan Stanley, Apollo Global Management and KKR before finalizing its financing partners.
• Prometheus, its first multi-gigawatt AI facility, is slated to go live in 2026 and will be followed by Hyperion, which can scale up to 5 GW.
• Mark Zuckerberg has said that Meta will invest hundreds of billions of dollars in AI infrastructure for its superintelligence unit.