Basis

$30.0B — $30B senior notes across six tranches (2030-2065, coupons 4.200%-5.750%), priced Oct 30 2025, closed Nov 3 2025

Hypothesized recipients 6

This claim's own source names no external recipient. Separate public reporting suggests some of who the money likely went to — not confirmed, not summed into the total above.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → Turner Construction Company (EPC/general-contractor services (seller side))hypothesis

  General contractor (scope: the four primary AI data center buildings) at Meta's Hyperion campus, Richland Parish, Louisiana.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → DPR Constructionhypothesis

  Named general contractor at Meta's Hyperion campus, Richland Parish, Louisiana.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → Entergy Louisiana (power generation buildout)hypothesis

  $11.0B (estimate) — Entergy Louisiana is building 10 gas-fired power plants (7+ GW total, expanded from an initial 3-plant ~2,260MW plan) to power Hyperion; Meta funds the full 15-year revenue requirement. Estimated systemwide cost of the 10 plants: approximately $11B -- an estimate, not a confirmed invoice. Turbine OEM (GE Vernova/Siemens Energy/Mitsubishi Power) not publicly confirmed.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → Louisiana local vendors (Meta Hyperion contractors)hypothesis

  $875.0M — Meta states it has contracted more than $875M with roughly 160 Louisiana vendors (84% local to Northeast Louisiana) for the Hyperion campus, including named subcontractors Copeland Electric Co. (electrical) and 1LEMOINE (paving/utilities) -- an aggregate figure, not itemized per vendor.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → Mortenson Constructionhypothesis

  Named general contractor at Meta's Hyperion campus, Richland Parish, Louisiana.

• Meta (datacenter construction (Hyperion campus, Richland Parish LA — JV recipient side, distinct from meta/datacenter-operation's grid-interconnection edge)) → Williams Companies (Will-Power subsidiary)hypothesis

  Williams' Will-Power subsidiary is building a ~200MW gas-fired 'Socrates South' plant to power Meta's New Albany, Ohio ('Prometheus') data center; no dollar figure disclosed.

Threads 11

• Hyperscaler Capex open
• Meta Capex developing
• Where the Capex Lands open
• Nvidia's Order Book open
• In-House Silicon open
• Meta Gas Pivot open
• Dragonfly Return open
• The #2 Cashes In open
• CSAM Ads open
• Social Media Fight open
• AI Debt Gets Rated open