signed

Meta–Blue Owl $27B Hyperion data center joint venture

Meta and Blue Owl-managed funds formed a joint venture to build and own the Hyperion AI campus in Richland Parish, Louisiana, about $27 billion of development. Blue Owl owns 80%, Meta 20%, and Meta leases the campus with a 16-year residual value guarantee.

Value
$27B1≠
Capacity
n/d
Term
n/d
Accelerators
n/d

Sources disagree

About $27 billion total development cost. Blue Owl funds contributed ~$7B cash; Meta received ~$3B one-time distribution. Reports differ on the debt/equity split (one cites $27B debt led by PIMCO).

The record

Verified 9 Nov 2026
Announced
Buyer
Meta
Seller / provider
Blue Owl Capital (JV)
ValueHeadline dollar value exactly as stated in the cited source.
27,000,000,000 USD
Capacity
Not disclosed
Accelerators
Not disclosed
Chips
Not named
Term
Not disclosed
StatusBinding agreement disclosed
signed
Other parties
PIMCO (led $27B bond issue, reported)
Deal type
datacenter-lease, datacenter-financing

Sources

2
  1. Meta and Blue Owl Capital to develop Hyperion data center (Meta Newsroom) read 2026-11-09
  2. Meta Pushes Its Largest Data Center Project Off Its Books (Bisnow) read 2026-11-09

Cite this deal

AI Compute Deals, “Meta–Blue Owl $27B Hyperion data center joint venture”, https://aicomputedeals.com/meta-blue-owl-hyperion-2025-10/ (verified 2026-11-09).

Data under CC BY 4.0. Download the full ledger.

Every deal for Meta and Blue Owl.