BlackRock Will Own 80% Of Meta's Massive New AI Data Center In El Paso

Name: BlackRock Will Own 80% Of Meta's Massive New AI Data Center In El Paso
Uploaded: 2026-07-28T17:54:50.000Z
Duration: 3 min 13 s
Description: BlackRock is acquiring an 80% ownership stake in Meta's $14 billion, one-gigawatt AI data center campus in El Paso. This significant investment highlights Wall Street's increasing role in financing the AI infrastructure boom and suggests a new model for data center development funding.

News Clip3:13Forbes Breaking News·El Paso, El Paso County, TX·7/28/2026

BlackRock is acquiring an 80% ownership stake in Meta's $14 billion, one-gigawatt AI data center campus in El Paso. This significant investment highlights Wall Street's increasing role in financing the AI infrastructure boom and suggests a new model for data center development funding.

announcement

Meta

BlackRock is set to take an 80% ownership stake in one of the biggest artificial intelligence data center campuses in the country—Meta's $14 billion, one gigawatt project in El Paso—in one of the clearest signs yet that Wall Street is becoming a major financier of the AI race and signaling a new model for financing the accompanying infrastructure boom.

READ MORE: https://www.forbes.com/sites/maryroeloffs/2026/07/28/blackrock-will-own-80-of-metas-massive-new-ai-data-center-in-el-paso/

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