Private Credit Investment Firm
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80% owner of Hyperion joint venture
Meta's Hyperion data center -- a $27 billion AI campus rising in rural Richland Parish, Louisiana -- is on track to become the largest facility of its kind in history, and Meta has quietly bought enough land to more than double it. The initial 2,250-acre, 4-million-square- foot build will deliver 2 to 5 gigawatts of computing power, enough to train the next generations of Llama. The financing is the biggest private-credit deal ever executed and the single largest private investment in Louisiana history. In February 2026, Fortune revealed Meta's quiet purchase of another 1,400 adjacent acres, setting up a Phase 2 that would roughly double the campus footprint.
Updated Apr 23
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