Cartis diligence evidence schedule
Meta–BlackRock El Paso
PRJ-META-EL-PASO · Site · Northeast El Paso, El Paso County, Texas, United States
Captured 2026-09-06T04:12:53.234Z · Record last updated 2026-07-28
SHA-256: 5fe31907f184ff937f041eb6a7f45cf5341da5af0bbd5872bf73b50ff418899a
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Scope and capacity
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.
Headline: 1,000 MW Planned critical IT
Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.
Claims and exhibit sources
Planned Compute Capacity · 1 GW
Planned / design or future potential · Meta–BlackRock El Paso (project)
Claim AST-B2-031 · Review: Approved · Claim date: 2026-07-28
Headline treatment: Selected headline
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Initial Power Requirement · 475 MW
first phase grid requirement · Meta–BlackRock El Paso (project)
Claim AST-B2-032 · Review: Approved With Followup · Claim date: 2026-06-01
Headline treatment: Separate claim, not added to the headline
- Draft Data Center Policy Framework
City of El Paso · Document date: 2026-06-01 · Supports
https://www.elpasotexas.gov/assets/Documents/CoEP/Data-Centers/Draft-Data-Center-Policy-Framework-updated.pdf
Capacity Online Start · 2028-12-31
forecast beginning in year · Meta–BlackRock El Paso (project)
Claim AST-B2-033 · Review: Approved With Followup · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Meta Investment · $10,000,000,000+
company reported · Meta–BlackRock El Paso (project)
Claim AST-B2-034 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Peak Construction Jobs · 4,000+ jobs
forecast · Meta–BlackRock El Paso (project)
Claim AST-B2-035 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Workers Onsite · 2,300+ workers
actual company reported · Meta–BlackRock El Paso (project)
Claim AST-B2-036 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Operational Jobs · 300 jobs
forecast · Meta–BlackRock El Paso (project)
Claim AST-B2-037 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Blackrock Venture Interest · 80 percent
planned at close · Meta–BlackRock El Paso (project)
Claim AST-B2-038 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Meta Venture Interest · 20 percent
planned at close · Meta–BlackRock El Paso (project)
Claim AST-B2-039 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Meta Contributed Assets · $2,300,000,000
planned at close · Meta–BlackRock El Paso (project)
Claim AST-B2-040 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Blackrock Cash Contribution · $4,900,000,000
planned at close · Meta–BlackRock El Paso (project)
Claim AST-B2-041 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Debt Financing · $12,500,000,000
planned · Meta–BlackRock El Paso (project)
Claim AST-B2-042 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Meta Alignment Distribution · $1,000,000,000
planned at close · Meta–BlackRock El Paso (project)
Claim AST-B2-043 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Lease Initial Term · 4 years
planned · Meta–BlackRock El Paso (project)
Claim AST-B2-044 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Potential Lease Term · 20 years
Planned / design or future potential · Meta–BlackRock El Paso (project)
Claim AST-B2-045 · Review: Approved · Claim date: 2026-07-28
Headline treatment: Separate claim, not added to the headline
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Residual Value Guarantee Threshold · $13,000,000,000
aggregate declining · Meta–BlackRock El Paso (project)
Claim AST-B2-046 · Review: Approved · Claim date: 2026-07-28
- Meta and BlackRock venture to develop El Paso data center
Meta · Document date: 2026-07-28 · Supports
https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Announces-New-Strategic-Venture-with-BlackRock-to-Develop-Data-Center-in-El-Paso/default.aspx
Counterparties and capital
Meta Platforms · Construction Manager Property Manager And Sole Occupant
Wurldwide LLC · Original Project Entity
BlackRock · 80 Percent Venture Sponsor
Global Infrastructure Partners · Blackrock Platform Participant
HPS Investment Partners · Blackrock Platform Participant
El Paso Electric · Electric Utility
City of El Paso · Incentive And Land Use Authority
$10,000,000,000 · 2026-07-28
Financing record legacy-financing-AST-B2-034; claim-specific source links appear in the exhibit sources where published.
$12,500,000,000 · 2026-07-28
Financing record legacy-financing-AST-B2-042; claim-specific source links appear in the exhibit sources where published.
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