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Home›US Markets›M&A & Deals›BlackRock leads $12 billion financing for new Meta dat…

BlackRock leads $12 billion financing for new Meta data centers in Texas

The financing is backed by BlackRock’s infrastructure and private credit arms, supporting a jumbo expansion of Meta’s Texas footprint.

Reported · Written up by our desk · M&A & Deals

The Wall Street Journal Markets reports that BlackRock is leading $12 billion in financing for new Meta data centers in Texas.

According to the report, BlackRock’s infrastructure and private-credit businesses are driving the funding for the large-scale project, reflecting its push deeper into infrastructure-related credit.

The financing will support the construction and expansion of Meta’s data center capacity in the state.

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Sources

WSJ MarketsBlackRock Leads $12 Billion Financing for New Meta Data Centers in Texas

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