# Meta — Meta Announces New Strategic Venture With BlackRock to Develop Data Center in El Paso

- Company: Meta (meta.com)
- Announced: 2026-07-28T09:30:23+00:00
- Category: partnership-acquisition
- Coverage: not counted
- Announcement: yes
- Group: announcements
- Source: https://about.fb.com/news/2026/07/meta-announces-new-venture-with-blackrock-to-develop-data-center-in-el-paso/
- Record: https://forck.live/items/9915-meta-announces-new-strategic-venture-with-blackrock-to-develop-data-center-in
- Subject: Meta AI

Meta and BlackRock announced a venture to finance, develop, and own a data center campus in El Paso, Texas, with 1 gigawatt of compute capacity. Meta will retain 20% ownership and be the initial sole occupant, with the campus expected to begin coming online in 2028.

## Evidence

Verbatim from https://about.fb.com/news/2026/07/meta-announces-new-venture-with-blackrock-to-develop-data-center-in-el-paso/:

> Meta and BlackRock today announced a venture to develop and own a data center campus in El Paso, Texas.

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