{"id":285813,"date":"2026-05-09T12:34:03","date_gmt":"2026-05-09T12:34:03","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/285813\/"},"modified":"2026-05-09T12:34:03","modified_gmt":"2026-05-09T12:34:03","slug":"meta-taps-morgan-stanley-jpmorgan-for-new-data-center-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/285813\/","title":{"rendered":"Meta Taps Morgan Stanley, JPMorgan for New Data Center Deal"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/META:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Meta Platforms Inc.<\/a> is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech\u2019s growing reliance on debt to bankroll the infrastructure behind the AI boom. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/MS:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Morgan Stanley<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/JPM:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">JPMorgan Chase &amp; Co.<\/a> are leading the process, according to people familiar with the matter. A large majority of the financing is expected to be in the form of debt, with the rest equity, the people said, asking not to be identified discussing private information.<\/p>\n","protected":false},"excerpt":{"rendered":"Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that&hellip;\n","protected":false},"author":2,"featured_media":285814,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[3436,22699,17525,10926,138,140,139,973,19204,1192,87556,11100,3621,27],"class_list":["post-285813","post","type-post","status-publish","format-standard","has-post-thumbnail","category-el-paso","tag-artificial-intelligence","tag-bonds","tag-capital-markets","tag-debt","tag-el-paso","tag-el-paso-headlines","tag-el-paso-news","tag-infrastructure","tag-jpmorgan-chase-co","tag-louisiana","tag-meta-platforms-inc-class-a","tag-morgan-stanley","tag-technology","tag-texas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/285813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=285813"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/285813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/285814"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=285813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=285813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=285813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}