Home AEC BlackRock Takes 80% Stake in Meta’s $12.3B El Paso Data Center as Off-Balance-Sheet AI Financing Spreads
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BlackRock Takes 80% Stake in Meta’s $12.3B El Paso Data Center as Off-Balance-Sheet AI Financing Spreads

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The joint venture that handed BlackRock majority ownership of Meta's Northeast El Paso campus mirrors a Louisiana financing blueprint and has revived questions from city officials over whether Meta ever needed its local tax breaks.

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