Meta–BlackRock El Paso data-center venture: total development cost for 1 GW of capacity coming online from 2028 (announced terms)
~$14Bforecast
| Value kind | forecast — Forecasts are time-bound outlooks, not specifications; test decisions across plausible scenarios. |
|---|---|
| Scope | Announced 2026-07-28, expected to close in the following days; terms are announced, not closed. BlackRock-managed funds own 80%, Meta 20%; $12.5B debt financing. Meta leases on a four-year initial term with four extension options to 20 years and provides a residual-value guarantee with an aggregate threshold of about $13B that decreases over time, applying within the first 16 years. |
| As of | 2026-07 |
| Source | Meta Newsroom, Meta announces new venture with BlackRock to develop data center in El Paso, 2026-07-28 |
| Review | checking…review by 2027-01-31 · standard cadence |
| Recorded changes | last 2026-10-19 |
| Claim id | meta-blackrock-el-paso-venture-terms |
Where the guide uses it
Not quoted in a chapter yet; it is kept in the curated register.
← Full numbers register — every date-stamped figure in the guide, with revision history.