Overview
- Meta announced Monday that its Hyperion campus in Richland Parish will scale to 5 gigawatts of compute capacity and that project spending will exceed $50 billion.
- The company says it will pay the full costs of the site’s energy, water and related infrastructure and will invest more than $1 billion in local roads and utilities.
- Meta and state officials say the build has already routed over $1.6 billion in contracts to Louisiana firms and will support roughly 7,500 peak construction jobs and about 1,000 permanent roles.
- The expansion builds on an October joint venture with Blue Owl that previously valued the campus at about $27 billion and leaves questions about the JV’s financial role as costs rise.
- Entergy’s plan to add gas plants, batteries and transmission is tied to Meta’s payments and a projected multi‑billion dollar customer savings estimate, but advocates and regulators continue to press for reviews of grid and ratepayer risks and the longer‑term timeline to reach 5GW.