Meta, BlackRock to develop data center campus in El Paso, Texas (META:NASDAQ)
Meta and BlackRock launch a $14B El Paso data center JV, with BLK funds holding 80%.
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Meta and BlackRock launch a $14B El Paso data center JV, with BLK funds holding 80%.
Meta, BlackRock to develop data center campus in El Paso, Texas (META:NASDAQ) | Seeking Alpha
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Meta Platforms (
META
) and BlackRock (
BLK
) have formed a
joint venture
to finance the development and operation of a data center campus in El Paso, Texas, with funds managed by BlackRock taking an 80% stake and Meta retaining the
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