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BlackRock markets $12B in bonds to fund Meta’s data center project

Crypto Briefing 2026-07-24 14:10:33
Context: BlackRock is marketing $12.3 billion in bonds to finance a 1-gigawatt Meta data center project through an 80/20 joint venture. The project is located in El Paso, Texas. This significant investment aims to support Meta's expansion plans.

Key Facts

  • BlackRock is marketing $12.3 billion in bonds to finance a 1-gigawatt Meta data center project.
  • The data center project is being developed through an 80/20 joint venture.
  • The project is specifically located in El Paso, Texas, and is intended to support Meta's expansion plans.
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