Meta will essentially foot the power bill for the $27 billion mega data center it’s building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the energy infrastructure needed for the project.
Through a deal with Entergy Louisiana, Meta will fund seven new natural gas power plants, 240 miles of transmission lines and battery energy storage at three locations. The gas plants will have a combined power output of 5,200 megawatts, and the transmission lines will operate at 500 kilovolts.
In addition, the company will help fund up to 2,500 MW of new renewable resources. It also agreed to a memorandum of understanding
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