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Meta and BlackRock will develop a data center park in El Paso, Texas, with the latter holding 80% of the shares

Sina Finance
Jul 28, 2026 at 09:44 AM

According to the statement, Meta and BlackRock have established a joint venture to develop and hold data center parks in El Paso, Texas. BlackRock's fund will hold an 80% stake; Meta will hold the remaining 20%

According to the statement, Meta and BlackRock have established a joint venture to develop and hold data center parks in El Paso, Texas.

BlackRock's fund will hold 80% of the equity; Meta will hold the remaining 20%

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