Market Chatter: Meta Platforms Working on $13 Billion Financing Package for Texas Data Center
Idag, 10:20
04:20 AM EDT, 05/05/2026 (MT Newswires) -- Meta Platforms (META) is working with banks on a roughly $13 billion financing package for a data center project in El Paso, Texas, Bloomberg News reported Monday, citing people familiar with the matter.
Morgan Stanley (MS) and JPMorgan Chase (JPM) are leading the process, with most of the funding expected to come from debt and the remainder from equity, the unnamed sources told the news outlet.
The Facebook and Instagram parent is investing more than $10 billion in the El Paso site, which is expected to come online in 2028, according to the report.
Meta, Morgan Stanley and JPMorgan didn't immediately respond to MT Newswires'requests for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Market Chatter: Meta Platforms Working on $13 Billion Financing Package for Texas Data Center
Idag, 10:20
04:20 AM EDT, 05/05/2026 (MT Newswires) -- Meta Platforms (META) is working with banks on a roughly $13 billion financing package for a data center project in El Paso, Texas, Bloomberg News reported Monday, citing people familiar with the matter.
Morgan Stanley (MS) and JPMorgan Chase (JPM) are leading the process, with most of the funding expected to come from debt and the remainder from equity, the unnamed sources told the news outlet.
The Facebook and Instagram parent is investing more than $10 billion in the El Paso site, which is expected to come online in 2028, according to the report.
Meta, Morgan Stanley and JPMorgan didn't immediately respond to MT Newswires'requests for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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