Meta Platforms, Inc.

US30303M1027

Internet Services

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Meta Agrees to Fund Local Energy Infrastructure for Louisiana Data Center

Published on 03/27/2026 at 09:43 am EDT - Modified on 03/27/2026 at 09:55 am EDT

Dow Jones

META PLATFORMS, INC.

+2.24%

ENTERGY CORPORATION

+0.36%

By Nicholas G. Miller

Meta agreed to a deal with Entergy Louisiana through which it will pay for new energy infrastructure to support its data center in Northeast Louisiana.

Meta will fund seven new natural gas power plants totaling more than 5,200 megawatts, 240 miles of 500 kilovolt transmission lines, and battery energy storage across three locations.

Meta also committed to help fund up to 2,500 megawatts of new renewable resources and agreed to a memorandum of understanding to explore the future development of nuclear power.

Entergy said the deal would ensure Meta pays its full cost of service and would deliver about $2 billion in customer savings over 20 years.

Write to Nicholas G. Miller at nicholas.miller@wsj.com

(END) Dow Jones Newswires

03-27-26 0942ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
	META PLATFORMS, INC.	562.60USD	+2.24%	-0.22%	1,428B
	ENTERGY CORPORATION	116.33USD	+0.36%	+3.68%	53.27B

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Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.9%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.58 billion daily active users in 2025); - sale of virtual and augmented reality products, software and devices (1.1%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (98.7%) and other (1.3%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia/Pacific (26.8%), Europe (23.2%) and other (10.8%).

Employees

77,986

Sector

Internet Services

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