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BlackRock joins Meta on $14 billion data center campus in West Texas

Investment management firm to take majority stake in Facebook parent’s El Paso campus
BlackRock plans to take a large stake in Meta's data center campus underway in El Paso, Texas. (Meta)
BlackRock plans to take a large stake in Meta's data center campus underway in El Paso, Texas. (Meta)
CoStar News
July 28, 2026 | 7:10 P.M.

BlackRock and Meta announced a $14 billion partnership backing the Facebook parent’s data center campus now underway in El Paso, Texas, as both companies increase their already significant investments in facilities tied to artificial intelligence technologies.

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