Meta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plan.

The article focuses on Meta's plan to finance and build a total of 10 gas-fired power plants in northeastern Louisiana to support its expanding AI data center complex, Hyperion. Meta's agreement with New Orleans–based utility Entergy includes seven new plants in addition to three previously approved, representing a more than 30% increase in Louisiana's grid capacity, alongside investments in renewable energy. The $11 billion project is part of Meta's broader $27 billion joint venture with Blue Owl Capital to develop the Hyperion campus as a major AI hub. Entergy emphasizes that Meta will cover the costs, aiming to avoid burdening other ratepayers, though some critics express concern about potential future financial risks. Regulatory approval from the Louisiana Public Service Commission is still pending for the new plants. [Extracted from the article]