{"id":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","slug":"meta-hyperion-louisiana","name":"Meta Hyperion Data Center (Richland Parish)","aliases":[],"locationId":"57bb40b8-4f5e-411d-9d79-b12532206904","lat":32.493102,"lng":-91.627341,"locationPrecision":"exact","landStatus":"private","lifecycleState":"under_construction","powerSourceMix":"mixed","interconnectionQueueStatus":"Grid connected, utility build under way: Entergy Louisiana is building several new transmission facilities to serve the campus and has already broken ground on a key substation. Louisiana's public service commission approved the agreement on 20 August 2025. Entergy's own announcement does not break out line lengths, substation counts or costs.","interconnectionQueueId":null,"expectedEnergizationDate":null,"dedicatedSubstation":null,"gridOperator":"MISO","waterSourceNotes":"Operator describes a closed-loop system circulating a glycol mixture through the data halls, with heat rejected via dry cooling for the majority of the year; a water permit is reported at roughly 23 MGD across six wells sized to peak-summer demand.","servingUtility":null,"acreage":null,"totalBuildingSqft":null,"streetAddress":null,"notes":"Meta broke ground Dec 2024 on Hyperion, since scaled from an initial 2 GW / $10B plan to a 5 GW compute campus with more than $50B in stated investment; ground is broken but no compute is energized yet (Meta targets ~2 GW by 2030, no date set for full 5 GW). Power is utility-built by Entergy Louisiana: the LPSC approved three new gas plants in 2025 and Entergy is seeking seven more (10 plants / ~7.5 GW total), plus Meta-funded renewables and battery storage. Announced capacity is a company claim; nothing is operational.","keyFacts":[{"label":"Hyperion bond ~94.4¢ (reported, Sep 2026)","value":"Reported (Protos; secondary X @akburtonto, Sep 23 2026): the ~$27.3B bond package financing Meta's Hyperion AI data center (issued via Beignet Investor LLC) reportedly traded near ~94.4 cents on the dollar, described as a record low since the deal priced at par. Soft secondary-market figures from secondary coverage; not confirmed by Meta IR or a wire primary"}],"reviewStatus":"reviewed","sources":[{"url":"https://datacenters.atmeta.com/2026/07/deepening-our-investment-in-richland-parish-louisiana/","title":"Deepening our investment in Richland Parish, Louisiana","sourceName":"Meta Data Centers"},{"url":"https://www.cnbc.com/2026/07/13/meta-louisiana-data-center-investment-reaches-50-billion-amid-ai-push.html","title":"Meta's Louisiana data center investment to reach $50 billion","sourceName":"CNBC"},{"url":"https://fortune.com/2026/03/27/meta-hyperion-10-gas-power-plants-louisiana-entergy/","title":"Meta orders 10 gas-fired power plants for its Hyperion AI campus","sourceName":"Fortune"},{"url":"https://www.rtoinsider.com/129344-entergy-7-more-gas-plants-necessary-meta-data-center/","title":"Entergy Louisiana Says 7 More Gas Plants Necessary for Meta Data Center","sourceName":"RTO Insider"},{"url":"https://datacenters.atmeta.com/richland-parish-data-center/","title":"Richland Parish Data Center","sourceName":"Meta"},{"url":"https://www.datacenterdynamics.com/en/news/entergy-to-build-12bn-500kv-transmission-line-to-serve-meta-mega-data-center-in-louisiana/","title":"Entergy to build $1.2bn 500kV transmission line to serve Meta mega data center in Louisiana","sourceName":"Data Center Dynamics"},{"url":"https://www.entergy.com/news/entergy-louisiana-receives-lpsc-approval-for-major-infrastructure-investments-to-support-metas-data-center-and-improve-reliability","title":"Entergy Louisiana receives LPSC approval for major infrastructure investments to support Meta's data center","sourceName":"Entergy"},{"url":"https://protos.com/metas-ai-bond-just-hit-a-record-low-as-its-stock-soared/","title":"Meta's AI bond just hit a record low as its stock soared","sourceName":"Protos","publishedAt":"2026-09-23"},{"url":"https://x.com/akburtonto/status/2102853172243083426","title":"Meta Hyperion ~$27.3B bonds reportedly ~94.4¢ (secondary X)","sourceName":"X (@akburtonto)","publishedAt":"2026-09-23"}],"reviewNote":null,"createdAt":"2026-08-17T18:11:08.651Z","updatedAt":"2026-09-23T21:20:05.380Z","location":{"id":"57bb40b8-4f5e-411d-9d79-b12532206904","name":"Delhi","slug":"delhi-louisiana","kind":"city","parentLocationId":"457a2f87-9cb4-489e-95fe-958de411445d","region":"South Asia","lat":32.42,"lng":-91.49,"reviewStatus":"reviewed","aliases":[],"collisionRisk":"high","reviewNote":null,"createdAt":"2026-08-17T18:11:08.263Z","updatedAt":"2026-08-21T03:20:12.226Z"},"parties":[{"id":"1ad26004-095b-4cca-a6ff-8488336ee749","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","companyId":null,"externalName":"Blue Owl Capital","role":"financier","structureNotes":"80% of the $27B JV that finances/builds/operates the physical campus.","createdAt":"2026-08-17T18:11:14.921Z","company":null},{"id":"4301e093-6e2f-4675-b224-dc394db451e0","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","companyId":null,"externalName":"Entergy Louisiana","role":"utility","structureNotes":"Building the gas generation fleet (10 plants / ~7.5 GW) to serve the load.","createdAt":"2026-08-17T18:11:15.683Z","company":null},{"id":"404d945b-35a3-4a44-a84c-bbb1ade9841f","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","companyId":null,"externalName":"MISO","role":"grid_operator","structureNotes":"Entergy Louisiana operates within MISO.","createdAt":"2026-08-17T18:11:16.451Z","company":null},{"id":"7b211594-91f0-4a60-9f8a-1ad7440eec5c","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","companyId":"a9a34db8-5719-4789-b681-7ba6643a92b2","externalName":"Meta Platforms","role":"developer","structureNotes":"20% owner of build JV; owner-operator of the compute.","createdAt":"2026-08-17T18:11:13.412Z","company":{"id":"a9a34db8-5719-4789-b681-7ba6643a92b2","name":"Meta Platforms","slug":"meta-platforms"}},{"id":"6aac76b5-17cb-4200-8fc0-90fc6e6d24fa","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","companyId":"a9a34db8-5719-4789-b681-7ba6643a92b2","externalName":"Meta Platforms","role":"tenant","structureNotes":"Self-tenant; AI/superintelligence compute.","createdAt":"2026-08-17T18:11:14.173Z","company":{"id":"a9a34db8-5719-4789-b681-7ba6643a92b2","name":"Meta Platforms","slug":"meta-platforms"}}],"capacityClaims":[{"id":"cecaca49-db18-4d33-ae42-b487786f73ac","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","series":"announced","valueGw":5,"asOf":"2026-07-13T00:00:00.000Z","sourceUrl":"https://datacenters.atmeta.com/2026/07/deepening-our-investment-in-richland-parish-louisiana/","sourceType":"press_release","evidenceTier":"claimed","supersedesId":null,"note":"5 GW of compute capacity; scaled up from originally announced 2 GW (Dec 2024).","createdAt":"2026-08-17T18:11:09.333Z"},{"id":"aca9e6db-b726-4db4-a5b5-36a9c06a01fa","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","series":"energized","valueGw":0,"asOf":"2026-08-17T00:00:00.000Z","sourceUrl":"https://datacenters.atmeta.com/2026/07/deepening-our-investment-in-richland-parish-louisiana/","sourceType":"journalist_report","evidenceTier":"reported","supersedesId":null,"note":"Hyperion (Richland Parish/Holly Ridge) fully under construction as of Aug 2026; civil work mobilized around Jan 2026; Entergy building gas plants to power it. Targets ~2 GW by 2030, 5 GW by ~2032. No IT capacity energized yet.","createdAt":"2026-08-17T18:33:44.859Z"},{"id":"c3eb3fbb-e00f-4360-b096-85de34c371ea","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","series":"under_construction","valueGw":2,"asOf":"2026-07-13T00:00:00.000Z","sourceUrl":"https://www.cnbc.com/2026/07/13/meta-louisiana-data-center-investment-reaches-50-billion-amid-ai-push.html","sourceType":"journalist_report","evidenceTier":"claimed","supersedesId":null,"note":"Meta says on track to hit 2 GW by 2030; no date set for full 5 GW. Nothing energized yet.","createdAt":"2026-08-17T18:11:10.175Z"}],"financialClaims":[{"id":"48f84a96-af04-4c87-8de5-1825317e531b","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","kind":"capex","label":"Total Meta investment in Richland Parish","valueUsd":"50000000000","capUsd":null,"conditions":"Nearly 10 million sq ft campus; up from $10B originally announced Dec 2024.","asOf":"2026-07-13T00:00:00.000Z","sourceUrl":"https://www.cnbc.com/2026/07/13/meta-louisiana-data-center-investment-reaches-50-billion-amid-ai-push.html","sourceType":"journalist_report","evidenceTier":"claimed","createdAt":"2026-08-17T18:11:12.618Z"},{"id":"5bb73147-22ab-463d-938a-9f756bc43fc8","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","kind":"equity_stake","label":"Blue Owl Capital JV (Meta 20% / Blue Owl 80%)","valueUsd":"27000000000","capUsd":"27000000000","conditions":"Oct 2025 JV to finance, build and operate the campus; up to $27B total development cost.","asOf":"2025-10-01T00:00:00.000Z","sourceUrl":"https://www.globaldatacenterhub.com/p/meta-scales-hyperion-to-5gw-and-over","sourceType":"journalist_report","evidenceTier":"reported","createdAt":"2026-08-17T18:11:11.870Z"}],"metricClaims":[{"id":"b96fc1f3-8415-477c-97d4-854b6925cafe","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","metricType":"capex_usd","valueNumeric":50000000000,"valueText":null,"unit":null,"grantingJurisdiction":null,"asOf":"2026-01-01T00:00:00.000Z","sourceUrl":"https://datacenters.atmeta.com/asset/richland-parish-data-center-info-sheet/","sourceType":"operator_page","evidenceTier":"reported","supersedesId":null,"note":"migrated from Tier2 facility meta-louisiana-richland-parish","createdAt":"2026-08-18T13:51:34.056Z"},{"id":"e220c996-d62e-4b8e-95ff-17c523735ad4","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","metricType":"jobs_construction","valueNumeric":7500,"valueText":null,"unit":null,"grantingJurisdiction":null,"asOf":"2026-01-01T00:00:00.000Z","sourceUrl":"https://datacenters.atmeta.com/asset/richland-parish-data-center-info-sheet/","sourceType":"operator_page","evidenceTier":"reported","supersedesId":null,"note":"migrated from Tier2 facility meta-louisiana-richland-parish","createdAt":"2026-08-18T13:51:34.827Z"},{"id":"61791fca-6f27-48dc-a4d0-cbf814e8babd","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","metricType":"jobs_permanent","valueNumeric":1000,"valueText":null,"unit":null,"grantingJurisdiction":null,"asOf":"2026-01-01T00:00:00.000Z","sourceUrl":"https://datacenters.atmeta.com/asset/richland-parish-data-center-info-sheet/","sourceType":"operator_page","evidenceTier":"reported","supersedesId":null,"note":"migrated from Tier2 facility meta-louisiana-richland-parish","createdAt":"2026-08-18T13:51:35.596Z"}],"powerProjects":[{"id":"9eec9ea7-2579-4409-a715-7148e84f9a62","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","name":"Entergy Louisiana new gas plants (first three)","type":"gas","capacityGw":2.26,"lifecycleState":"permitted","sourceUrl":"https://www.rtoinsider.com/129344-entergy-7-more-gas-plants-necessary-meta-data-center/","evidenceTier":"reported","note":"First three CCGT plants approved by the Louisiana PSC in 2025 to serve Hyperion.","createdAt":"2026-08-17T18:11:10.726Z"},{"id":"41e60c87-c60e-4642-8b05-1bb866b6b21c","dataCenterId":"89efdd2f-1ec9-47a1-bb7c-a1ad597bc991","name":"Entergy Louisiana additional gas plants (seven more)","type":"gas","capacityGw":5.3,"lifecycleState":"announced","sourceUrl":"https://fortune.com/2026/03/27/meta-hyperion-10-gas-power-plants-louisiana-entergy/","evidenceTier":"reported","note":"Seven additional plants (~5.3 GW) sought; brings total to 10 plants / ~7.5 GW. 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