Meta Platforms(US:META) Benzingaยท2025-10-18 08:08Core Insights - Meta Platforms Inc. is approaching a $30 billion financing deal for its Hyperion data center in Louisiana, which would mark the largest private capital raise on record [1] Financing Structure - Blue Owl Capital and Meta will share ownership of the Hyperion data center, with Meta holding a 20% equity stake [2] - The financing includes over $27 billion in debt and approximately $2.5 billion in equity, structured by Morgan Stanley through a special purpose vehicle [2] - The bonds are priced under the Rule 144A format, maturing in 2049, with an investment-grade rating of A+ from S&P Ratings [3] Data Center Specifications - The Hyperion data center will span 4 million square feet and can draw up to 5 gigawatts of power, sufficient to power around 4 million U.S. homes [4] - Completion of the Hyperion facility is expected by 2029 [4] Additional Developments - Meta is also constructing a new AI-focused data center in El Paso, Texas, designed to scale up to 1 gigawatt, marking its 29th data center globally [5] - Texas is becoming a significant hub for AI infrastructure investments, highlighted by major acquisitions and planned facilities from various tech giants [6] Stock Performance - Meta's stock has increased by 22.44% over the past year and 47.92% in the last six months, with a market capitalization of $1.8 trillion [7] - The stock's 52-week range is $479.80 to $796.25, with a price-to-earnings ratio of 26 and a dividend yield of 0.29% [7]