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Meta taps Morgan Stanley, JPMorgan for $13B Texas data center financing


Meta taps Morgan Stanley, JPMorgan for $13B Texas data center financing

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Meta is arranging roughly $13 billion in financing (mostly debt, smaller equity slice) for its El Paso data center campus, led by Morgan Stanley and JPMorgan (May 4 report). The deal could become one of the largest single-site digital infrastructure financings (below Meta's $27B Hyperion), a major fundraising event that may boost capacity for cloud and crypto infrastructure, affecting CEX/DEX hosting, security and broader adoption.

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Meta is working with Morgan Stanley and JPMorgan on roughly $13 billion in financing for its El Paso data center campus, per a May 4 report. The package is mostly debt with a smaller equity slice. It could become one of the largest single-site digital infrastructure financings on record, though below Meta’s $27 billion Hyperion...
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