Meta Partners with PIMCO and Blue Owl to Finance $29 Billion Louisiana Data Center Expansion.

Monday, Aug 11, 2025 2:46 am ET1min read

Meta Platforms has partnered with PIMCO and Blue Owl Capital to finance its $29 billion data center expansion project in Louisiana. PIMCO will manage $26 billion in debt, while Blue Owl will contribute $3 billion in equity. This strategic move aims to secure funding for Meta's ambitious AI infrastructure push, as the company invests hundreds of billions of dollars to build massive AI data centers. Meta's stock closed at $769.30, up 0.98%, on Friday.

Meta Platforms Inc. (META.O) has secured a significant $29 billion financing package for its data center expansion project in rural Louisiana. The company has partnered with Pacific Investment Management Co. (PIMCO) and Blue Owl Capital Inc. (OWL.N) to lead this massive funding effort. PIMCO will manage $26 billion in debt, likely to be issued in the form of bonds, while Blue Owl will contribute $3 billion in equity [1][2][3].

The financing deal comes as Meta intensifies its pursuit of artificial intelligence (AI) technology. The company aims to invest hundreds of billions of dollars to build several massive AI data centers for its superintelligence unit. Meta's first multi-gigawatt data center, dubbed Prometheus, is expected to come online in 2026, while another, called Hyperion, will be able to scale up to 5 GW over the coming years [3].

This strategic move is part of Meta's broader strategy to enhance its AI capabilities and maintain a competitive edge in the rapidly evolving tech landscape. The company has been working with Morgan Stanley (MS.N) to raise funds for this initiative. Apollo Global Management (APO.N) and KKR (KKR.N) were also in the running to lead the deal until the closing stages of negotiations [1][2].

Meta's stock closed at $769.30, up 0.98%, on Friday, reflecting investor confidence in the company's AI infrastructure push. The successful completion of these data center projects could potentially reshape Meta's position in the AI field and influence the direction of AI development in the coming years [1][3].

References:
[1] https://dunyanews.tv/en/Technology/899306
[2] https://www.bloomberg.com/news/articles/2025-08-08/meta-picks-pimco-blue-owl-for-29-billion-data-center-financing
[3] https://theoutpost.ai/news-story/meta-secures-29-billion-financing-for-ai-data-center-expansion-in-louisiana-18861/

Meta Partners with PIMCO and Blue Owl to Finance $29 Billion Louisiana Data Center Expansion.

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