Meta’s $200 billion Hyperion data centre in Louisiana is the most expensive private infrastructure project in American history

https://media.thenextweb.com/2026/05/meta-200-billion-hyperion-data-center-louisiana.avif

TL;DR

Meta’s Hyperion AI data centre campus in Richland Parish, Louisiana, now carries a projected cost exceeding $200 billion. The facility spans nearly 4,000 acres, will require 10 gas-fired power plants generating 7+ gigawatts, and is financed through a $27 billion off-balance-sheet Wall Street deal.

Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company’s AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown steadily since the project was first announced at $10 billion in December 2024. The campus spans nearly 4,000 acres, will require 10 gas-fired power plants generating more than 7 gigawatts of electricity, and is being financed through a $27 billion Wall Street deal that allows Meta to keep most of the debt off its own balance sheet. It is, by any measure, a bet...

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