Meta Platforms (META) is close to finalizing a roughly $30 billion financing deal for the Hyperion data center site in Louisiana, Bloomberg News reported Thursday, citing people with knowledge of the matter.
The social media giant will share site ownership with Blue Owl Capital (OWL), with Meta retaining a 20% share, the unnamed sources told the news outlet.
Morgan Stanley (MS) has arranged more than $27 billion of debt and roughly $2.5 billion of equity into a special purpose vehicle. Pacific Investment Management is the anchor lender, according to the report.
Meta, Morgan Stanley, Blue Owl, and Pimco 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.)