BlackRock привлекает $12 млрд на дата-центр Meta в Техасе — и сам им владеет

BlackRock began raising at least $12 billion on July 20, 2026 through a bond sale to build a data center for Meta in El Paso, Texas. The offering's arrangers are the banks JPMorgan and Morgan Stanley, while BlackRock's infrastructure and private-credit units will hold 80% of the structure that will own the facility, finance it, and lease it to Meta itself.

How the deal is structured

BlackRock's infrastructure and private-credit units control 80% of the structure that will finance, build, and own the data center, with Meta as its tenant. According to The Wall Street Journal, JPMorgan and Morgan Stanley began offering investors bonds worth at least $12 billion for this project in El Paso on July 20, 2026.

The scheme converges on a single asset manager. BlackRock simultaneously ends up as the facility's owner, the deal's lender, and the landlord — a configuration rare for the market, in which the entire chain from money to lease converges on one player rather than being split between a developer, a bank, and an operator.

• The offering amount is at least $12 billion in bonds
• The arrangers are JPMorgan and Morgan Stanley
• The pitch to investors started on July 20, 2026
• The location is El Paso, Texas
• BlackRock and its units' share is 80%
• The facility's tenant is Meta

Why Meta isn't building it itself

Leasing instead of buying moves billions in capital expenditure off Meta's balance sheet: BlackRock takes on the construction and ownership of the data center worth over $12 billion, while Meta pays for access to the capacity. This lets it scale up computing resources for AI without inflating its own capital expenditures in the middle of a race where hyperscalers are pouring tens of billions of dollars into infrastructure.

Similar schemes, in which an outside investor owns the data center and leases it to a tech giant, increasingly accompany the largest AI construction projects: demand for compute is growing faster than companies are willing to reflect such assets on their own balance sheets.

For BlackRock, the deal is a way to turn AI infrastructure into a financial product investors can understand: bonds backed by a specific facility with an anchor tenant on the level of Meta. As The Next Web notes, the intrigue lies precisely in the deal's structure, not in the mere fact of another data center being built.

"The whole point is in the structure of the deal," writes

The Next Web about the $12 billion offering.

What this means

AI infrastructure financing is moving away from the "the hyperscaler builds it itself" model toward complex structures where the owner, the lender, and the tenant are the same asset manager. Data centers for artificial intelligence are turning into a separate class of debt assets, and $12 billion for a single facility in El Paso shows just how much capital the race for compute is pulling in. For investors, this is a new way to profit from the AI boom — not by buying tech giants' stock directly, but by investing in debt backed by physical infrastructure.

Frequently asked questions

Who will own Meta's data center in Texas?

BlackRock will own the data center: its infrastructure and private-credit units hold 80% of the structure, while Meta is the tenant of the facility in El Paso.

How much is BlackRock raising for Meta's data center?

At least $12 billion through a bond sale. The offering's arrangers are JPMorgan and Morgan Stanley, who began offering the bonds to investors on July 20, 2026.

• Meta is recognized as an extremist organization and is banned in Russia.