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Data center siteSite record
Meta–BlackRock El Paso
Northeast El Paso, El Paso County, Texas, United StatesUnder construction
Capacity
1,000 MW
Planned critical IT
Lead participant
BlackRock
80 Percent Venture Sponsor
Last updated
Jul 28, 2026
Most recent public record update
About Meta–BlackRock El Paso
Meta's five-phase El Paso campus is under construction and planned for 1 GW of compute capacity. A newly announced 80/20 venture with BlackRock will own the campus, lease it entirely to Meta and finance it with equity plus $12.5 billion of debt.
Capacity
Planned critical ITOperating capacity—An operating IT-capacity figure has not been publicly disclosed.
Design1,000 MWPlanned · Meta–BlackRock El Paso
Initial Power Requirement475 MWFirst Phase Grid Requirement · Meta–BlackRock El Paso
Future Potential20 yearsWith Options · Meta–BlackRock El Paso
Development
3 phases · 0 milestonesInitial 475 MW service phaseUnder Construction
Expansion to 1 GW computePlanned
BlackRock venture closingAnnounced Pending Close
Infrastructure
No public infrastructure records are attached.
Project map
0 of 1 project point mappedInfrastructure facts
0
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0
Capacity figures
0
No map point available
Facts & sources
Published claims and their source links.
Planned Compute Capacity1 GWPlanned
1 GW
Initial Power Requirement475 MWFirst Phase Grid Requirement
475 MW
Capacity Online Start2028-12-31Forecast Beginning In Year
2028-12-31
Meta Investment$10,000,000,000+Company Reported
$10,000,000,000+
Peak Construction Jobs4,000+ jobsForecast
4,000+ jobs
Workers Onsite2,300+ workersActual Company Reported
2,300+ workers
Operational Jobs300 jobsForecast
300 jobs
Blackrock Venture Interest80 percentPlanned At Close
80 percent
Meta Venture Interest20 percentPlanned At Close
20 percent
Meta Contributed Assets$2,300,000,000Planned At Close
$2,300,000,000
Blackrock Cash Contribution$4,900,000,000Planned At Close
$4,900,000,000
Debt Financing$12,500,000,000Planned
$12,500,000,000
Meta Alignment Distribution$1,000,000,000Planned At Close
$1,000,000,000
Lease Initial Term4 yearsPlanned
4 years
Potential Lease Term20 yearsWith Options
20 years
Residual Value Guarantee Threshold$13,000,000,000Aggregate Declining
$13,000,000,000