The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Meta

ext (population) (public bond-market capital provision) → Meta

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

high confidence · as of 2025-10-30T00:00:00Z · about Meta

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

Sourced figures 1


the working

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 → Turner Constructionhypothesis

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

  • Meta → DPR Constructionhypothesis

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

  • Meta → Entergy Louisianahypothesis

    $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 → Louisiana local vendorshypothesis

    $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 → Mortenson Constructionhypothesis

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

  • Meta → Williams Companieshypothesis

    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.

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Meta.