# Meta Platforms (META.O) is working on a roughly $13 billion financing package for a data center in Texas.

*business · news · 2026-05-04 · Reuters*

## Key points

- Meta Platforms is pursuing a $13 billion financing package for a new data center.
- The data center will be located in El Paso, Texas.
- Morgan Stanley and JPMorgan Chase are leading the financing effort for Meta.
- Bloomberg News was the first to report this development, citing anonymous sources.

**Companies:** Meta Platforms, Morgan Stanley, JPMorgan Chase
**Countries:** United States

[Read the full story on Reuters](https://www.reuters.com/legal/transactional/meta-taps-morgan-stanley-jpmorgan-el-paso-data-center-deal-bloomberg-news-2026-05-04/)

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