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Meta Will Finance Seven New Gas Plants to Power Its Louisiana AI Campus

The deal underscores Meta’s push to secure dedicated power for AI growth pending regulatory approval.

Overview

  • An agreement announced Friday between Meta and Entergy Louisiana has Meta funding seven new natural-gas plants with about 5.2 gigawatts to supply its Hyperion data center campus in Richland Parish.
  • The package includes 240 miles of 500‑kilovolt transmission lines and battery storage at three sites, with Meta also committing to help fund up to 2.5 gigawatts of solar and signing a memo to explore future nuclear power.
  • Combined with three gas plants approved in 2025, the plan would bring Hyperion’s gas fleet to roughly 10 units and more than 7 gigawatts, and the latest projects still require Louisiana Public Service Commission approval.
  • Entergy says the structure makes Meta cover its full cost of service with projected customer benefits of about $2 to $2.65 billion over 20 years, while consumer groups warn ratepayers could face long-term costs if Meta’s demand falls after 15 years.
  • The Louisiana move follows Thursday’s expansion of Meta’s El Paso, Texas project to $10 billion for a 1‑gigawatt site by 2028, with pledges for about 300 permanent jobs, 4,000 peak construction roles, more than 5,000 megawatts of clean power on the Texas grid, and water restoration work.