Data center profile · Holly Ridge, Richland Parish, La.

Meta Hyperion

Meta's 5 GW AI campus on a former farm megasite in northeast Louisiana, with gas plants Entergy is building just for it

Under construction. Data halls rising since 2025 and Entergy broke ground on two dedicated gas plants in Dec. 2025. Nothing is energized yet.
Foundations for the Entergy gas plant, Satellite image, Oct. 15, 2025
5 GW
campus size Meta now states
company, July 2026; full build-out
4,500 MW
Meta's power draw, per Entergy's CEO
hearing testimony, Oct. 7, 2026 (press)
2,262 MW
gas plants approved for phase one
three plants, Aug. 2025; 5,278 MW more pending
$27.3B
bonds sold to finance the campus
Blue Owl joint venture, Oct. 2025 (press)
OperatorMeta (campus owned by a Meta and Blue Owl joint venture)
CustomerMeta (tenant of its own joint venture)
Planned IT capacity4.0 GW at full build-out (our estimate from the company's 5 GW campus power figure). Meta states 5 GW and Entergy's CEO cites 4,500 MW of power draw; we divide campus power by about 1.25 for cooling and losses
First building in serviceOur estimate: 2028 (range 2027 to 2029).
Next deadlineDec. 16, 2026: Louisiana regulators are scheduled to vote on the 5,278 MW expansion
The site

Nearly five miles of foundations, and no finished halls yet

The campus in the latest sharp satellite pictures: Nov. 17, 2025, and Oct. 15, 2025 for the north end. From the gas plant pad at the top to the hall fields at the bottom it is foundations, trenches, ponds and parking. No substation had been built, and no hall in the close-up views had a finished roof. Coarser satellite readings show roofed area roughly tripling between February and October 2026, but no sharp picture of that work exists yet.

Satellite overview1234
Satellite image, Nov. 17, 2025. Pins placed from site coordinates.
  1. 1Entergy gas plant site
    north end: a graded pad with turbine foundations
  2. 2Plant east block
    east of the gas plant pad: poured slabs and a laydown yard, no substation built
  3. 3South hall field
    southern half: two halls in foundation work
  4. 4Central hall block
    middle of the campus: three halls in foundation work
From orbit

Foundations for three halls where there was farmland in 2023

On Nov. 28, 2023 this was flat farmland. By Nov. 17, 2025 it was graded and trenched for three halls, with worker parking along the east road and two round tank pads, but no hall had a finished roof. The bright white block at the bottom edge sits just outside this view. Drag to compare.

after
before
◀ Satellite image, Nov. 28, 2023Satellite image, Nov. 17, 2025 ▶
From orbit

Two more hall foundations farther south

In Nov. 2023 this was farmland at the edge of a woodlot. By Nov. 17, 2025 the ground east of a new pond was cleared and dug out for two halls, with stacks of material and rows of equipment staged around them. Neither hall had a roof.

Two more hall foundations farther south
Satellite image, Nov. 17, 2025
From orbit

Gas plant foundations, but no turbines yet

Entergy's gas plant site was a center-pivot field on Nov. 23, 2021. By Oct. 15, 2025 it was a graded, diamond-shaped pad with two grids of footing holes, a pond and a parking lot, but no turbines had arrived. Next door, the plant's east block had only poured slabs and a laydown yard. Drag to compare.

after
before
◀ Satellite image, Nov. 23, 2021Satellite image, Oct. 15, 2025 ▶
Quarter by quarter

Farmland to about 26 large roofs in under two years

Ground first broke in Jan. 2025: the Jan. 2, 2025 frame shows field strips cleared and access grading around the halls site. By Oct. 6, 2026 about 26 large roofed structures stand across the build areas, and construction is still going on.

Satellite view of the campus, Oct. 6, 2026

Sentinel-2 satellite, 10 m resolution (coarser than the photos above).
Construction from orbit

What the satellites see on the ground

From orbit, ground clearing shows from April 2025, and radar echoes from walls and steel start climbing in March 2025. About 115 acres read as roof by Oct. 2026, half of that by April 2026. That fits our stage: vertical construction.

Construction from orbit, as a share of the site: bare ground (left scale); roof and very bright radar echoes (right scale)
0246%020406080%2023Jul2024Jul2025Jul2026Jul▲ Permits▲ Site work▲ VerticalRadar: bright echoesRoofBare ground
0246%020406080%2023202420252026▲ Permits▲ Site work▲ VerticalRadar: bright echoesRoofBare ground
Roof: the highest 5-month median so far (roofs do not come down), dots are single months; bare ground: 3-month median; radar: 2-month median. Contains modified Copernicus Sentinel data 2023–2026.

How this works: Sentinel-2 photographs the ground every few days at 10 m. For each month we keep the cloud-free views over the campus outline (about 2,750 acres) and count the share that reads as bare ground and the share that reads as roof (very bright, not vegetated). Sentinel-1 radar sees through cloud every 6–12 days; walls and steel bounce the signal straight back, so the share of very bright radar echoes rises as buildings go up. Bright gravel pads and fresh concrete can read as roof, and wet or snowy months dip, so we read the trend, not single months. Black ticks mark our stage dates. Data: Copernicus Sentinel-1 and Sentinel-2, via the Copernicus Data Space Ecosystem.

Power

Power and the grid

2,262 MW contracted (totals add sources with a stated size; they can overlap)

Franklin Farms gas plant (2 units)Approved Aug. 2025 under Meta's service agreement; under construction
1,500 MW
about 1,500 MW next to the campus; due late 2028 Utility regulator · Oct. 2026
Waterford third gas unitApproved Aug. 2025 under Meta's service agreement
762 MW
St. Charles Parish; MW by subtraction from the 2,262 MW total; due end of 2029 Company · Oct. 2026
Expansion gas plants (7 units)Proposed, vote set for Dec. 16, 2026
5,278 MW
seven units of about 754 MW, plus over 250 miles of new lines State agency · Aug. 2026
Solar (phase one)Allowed, not yet procured
1,500 MW
up to 1,500 MW allowed through a fast-track process Company · Oct. 2026
Renewable subscription (expansion)Proposed
2,500 MW
a ceiling, subject to later procurement and approval News report · March 2026
ContractedProposed
Other sources, size not disclosed
Backup generators (emergency use, not a power supply)

Stated capacity over time

2025
2,640 MW
data center named in Entergy's wetlands permit filing (filing)
Oct. 2025
~2.06 GW
campus behind the $27.3B bond deal (news report)
July 13, 2026
5 GW
Meta's expansion; first 2 GW by 2030, all by about 2032 (company)
Oct. 7, 2026
4,500 MW
Meta's draw on the grid, Entergy CEO testimony (news report)

Getting on the grid

Who supplies what, what it costs, and what is still not public.

  1. Aug. 20, 2025
    Regulators approve phase one, 4 to 1
    Three gas plants (2,262 MW), a 500 kV line and a substation. Meta pays its full share; contract terms are confidential. News report · Aug. 2025
  2. March 26, 2026
    Entergy files the expansion
    5,278 MW of gas, batteries and new lines under a 20-year contract with Meta's Evest LLC. see Permits
  3. June 29, 2026
    Consumer groups subpoena Meta
    The Alliance for Affordable Energy and the Union of Concerned Scientists ask Meta to prove its load, spending and jobs. State agency · June 2026
  4. July 10, 2026
    Judge grants part of it
    Requests on investment, jobs and load granted; three others denied. Meta moves to quash. State agency · Aug. 2026
  5. Aug. 12, 2026
    Commission throws out the subpoena, 3 to 1
    Commissioner Lewis was the lone no vote; Commissioner Campbell was absent. State agency · Aug. 2026
  6. Oct. 7, 2026
    Entergy's CEO puts Meta's draw at 4,500 MW
    The first official load figure, given at a three-day hearing. News report · Oct. 2026
  7. Dec. 16, 2026
    Commission votes on the expansion
    The record goes to commissioners without a judge's recommendation. News report · Oct. 2026
Queue positions on record
  1. Aug. 6, 2025
    MISO queue E0014
    1,640 MW, active, in-service date Aug. 2028, at Smalling 230kV Substation (new) Dataset · Dec. 2025
  2. Aug. 28, 2025
    MISO queue E0043
    1,640 MW, active, in-service date Aug. 2028, at West Fork Creek 230kV Substation (New) Dataset · Dec. 2025
  3. Aug. 28, 2025
    MISO queue E0044
    1,640 MW, active, in-service date Aug. 2028, at West Fork Creek 230kV Substation (New) Dataset · Dec. 2025

Grid upgrades

What the grid is building for this load: the asset, its cost, who pays and when it is due to be energized. An upgrade may serve a later phase, not the first building.

Related grid records in the area

On-site generation on file

What is next door

campus0.66 km · Enable Gas Transmission pipeline0.73 km · Entergy 115 kV line2.65 km · 115 kV substation3.72 km · Sterlington to Baxter Wilson 500 kV linecampus1234
  1. 10.66 km · Enable Gas Transmission pipeline
  2. 20.73 km · Entergy 115 kV line
  3. 32.65 km · 115 kV substation
  4. 43.72 km · Sterlington to Baxter Wilson 500 kV line

Five gas pipeline operators run within 5 km of the campus. Distances from mapped lines and plants. OpenStreetMap · Oct. 2026

Permits

Permits checklist

1 contested · 5 pending · 5 granted

Risks

What could slow it down

Also on record
Money

Money on record

$27.3B
joint venture bonds
Oct. 2025; 6.581%, due 2049; rated A+; Blue Owl funds 80%, Meta 20% News report · Oct. 2025
$50B+
Meta's stated investment
July 2026, up from $10B at launch Company · July 2026
$3.3B
sales tax Louisiana gives up
20-year break on equipment, GPUs included News report · Oct. 2026
$5B
spending Meta owes the state by Dec. 31, 2028
plus 100 jobs, rising to 300 by 2030
$3.75B
clawback line
below it, or under 225 jobs by 2028, the state can take the land back News report · Oct. 2026
$732K/yr
land rent to the state
30 years, with an option to buy 1,400 acres for $12M News report · Oct. 2026
60 to 80%
parish property-tax break
at 300 to 500 jobs paying about $93,000 News report · Oct. 2026
$13.1M
parish revenue in its first payment quarter
2026 Q1, includes Meta's first payment in lieu of taxes News report · July 2026
$260M
promised to other Entergy customers
efficiency, weatherization and bill help Utility regulator · March 2026
Timeline

What happened, and what is due

SitePaper trailConstructionPowerPermitsMoneyLegalUpcoming
  1. July 24, 2024
    Paper trail Laidley LLC registered in Louisiana
  2. Dec. 4, 2024
    Site Meta announces a $10B campus on the 2,250-acre Franklin Farm megasite News report · Dec. 2024
  3. Dec. 12, 2024
    Permits Corps of Engineers posts the campus wetlands permit notice State agency · Dec. 2024
  4. Feb. 13, 2025
    Paper trail Pelican Leap LLC registered in Delaware and Louisiana
  5. July 2025
    Permits Campus air permit approved for 31 diesel generators
  6. Aug. 20, 2025
    Power Regulators approve three gas plants, 4 to 1 News report · Aug. 2025
  7. Aug. 20, 2025
    Paper trail Beignet Investor LLC registered in Delaware
  8. Oct. 2025
    Money $27.3B Blue Owl joint venture bond deal closes News report · Oct. 2025
  9. Dec. 2025
    Power Entergy breaks ground on the Franklin Farms plants News report · Oct. 2026
  10. Feb. 2026
    Site Meta quietly buys about 1,400 more acres News report · Feb. 2026
  11. March 26, 2026
    Power Entergy files for 5,278 MW more State agency · Aug. 2026
  12. June 29, 2026
    Legal Consumer groups seek a subpoena of Meta State agency · June 2026
  13. July 13, 2026
    Money Meta raises Hyperion to 5 GW and $50B+ Company · July 2026
  14. July 21, 2026
    Permits Federal notice on the gas lateral application State agency · July 2026
  15. Aug. 11, 2026
    Legal Report: an Entergy executive drafted the 2025 approval motion News report · Aug. 2026
  16. Aug. 12, 2026
    Legal Commission vacates the Meta subpoena, 3 to 1 State agency · Aug. 2026
  17. Aug. 27, 2026
    Power Landowners petition against the 500 kV line route News report · Aug. 2026
  18. Oct. 7, 2026
    Power Entergy CEO: Meta will draw 4,500 MW News report · Oct. 2026
  19. Dec. 16, 2026
    Power Commission vote on the expansion News report · Oct. 2026
  20. 2028
    Power Franklin Farms gas plants due online (late 2028) Utility regulator · Oct. 2026
  21. End of 2028
    Money Deadline: $5B invested under the state land deal; below 75% ($3.75B), the state may reclaim the land (press)
  22. June 1, 2029
    Money Meta starts paying rent to the joint venture News report · Oct. 2025
  23. 2030
    Construction Target: about 2 GW in the first phase by 2030 (company) Company · July 2026
Construction activity

Building activity by quarter

Since Nov. 2021: 7 FAA filings (Jan. 2026 to March 2026): tallest permanent stack 201 ft (filed Jan. 2026) and tallest crane 375 ft (March 2026); 71 satellite captures.

FAA filings
Satellite
’22
’23
’24
’25
’26
Dot size: records in the quarter, largest = 7. Two-digit years mark each first quarter.
The buildings

Specs

3,200 acres
campus after the 2026 expansion; began at 2,250
News report · July 2026
~1,400 acres
added quietly in Feb. 2026
News report · Feb. 2026
~129 acres
new roof visible on satellite since April 2025
31
emergency diesel generators, plus 44 gas water boilers
3
general contractors: Turner, DPR, Mortenson
News report · Dec. 2024
Who is involved

Owners, partners and builders

Owners
  • Meta Platforms: developer, operator and tenant
  • Blue Owl Capital: its funds own 80% of the joint venture
  • Beignet Investor LLC: joint venture landlord, issued the $27.3B bonds
  • Project Beignet Holdings LLC: Meta holding company; sole member Iris Crossing LLC
  • Iris Crossing LLC: sole member Meta Platforms
Meta companies on the filings
  • Laidley LLC: phase one power customer, air permit holder, land lessee
  • Evest LLC: expansion power customer, 20-year contract
  • Pelican Leap LLC: Meta-owned company in the lease structure
Power
  • Entergy Louisiana: utility; CEO Phillip May
  • Larry Hand: Entergy vice president, reported author of the 2025 motion
  • ETC Tiger Pipeline: gas lateral to the plants
Regulators and government
  • Louisiana Public Service Commission: Chairman Skrmetta, Vice Chairman Coussan, Commissioners Francis, Campbell and Lewis (the lone no votes)
  • Louisiana Economic Development: land lease and incentives
  • Richland Parish Police Jury: tax payments
Builders
  • Turner Construction
  • DPR Construction
  • M. A. Mortenson
Challengers
  • Alliance for Affordable Energy and Union of Concerned Scientists: sought the subpoena
  • Sierra Club: noise, light and rate concerns
  • Louisiana Landowners Coalition: 500 kV route
Still unknown

Open questions

Where this comes from

519 records from 58 documents

Drawn from news reports, state agency records, public and commercial datasets, business registries, utility regulator dockets, satellite captures, company statements and securities filings, each kept with its date and source. The bar shows documents by type.

News report 26State agency 14Dataset 9Utility regulator 6Satellite 4Company 3SEC filing 1
Evidence

Every quote behind this page

Grade key: A = the primary record itself (permit, filing, exhibit) · B = a dated official statement · C = news reporting. Map distances are our own measurements on OpenStreetMap and carry no grade. Allegations in lawsuits are marked as such in the quotes.

Power (34)
  • Nearest gas pipeline: Enable Gas Transmission, LLC at 0.66 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Gas operators within 5 km: Enable Gas Transmission; Gulf South; Midcontinent Express; Trunkline; ANR (5 operators, 9 segments)
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Utility: Entergy Louisiana LLC
    “Entergy Louisiana to move forward with major infrastructure investments tied to Meta's new data center in Richland Parish”
    Company · Oct. 2026 · grade A
  • total 2,262 MW.
    “Entergy proposes building three new CCCT generators with a combined installed capacity of 2,262 MW”
    Utility regulator · Oct. 2026 · grade A
  • Nport holding value: 81651.88 USD thousands
    “<valUSD>81651.880000000000</valUSD> <pctVal>2.2829296797</pctVal>”
    SEC filing · Aug. 2026 · grade A
  • utility certification (generation+transmission): application filed
    “On March 26, 2026, Entergy Louisiana, LLC (ELL) filed its Application ... for Certification of Generation and Transmission Resources and for other Relief Pursuant to the Commission's Lightning Initiative”
    State agency · Aug. 2026 · grade A
  • Gas lateral: FERC CP26-549-000 ETC Tiger Pipeline Franklin Farms Project
    “The Project will provide approximately 1,000,000 dekatherms per day of firm transportation capacity”
    State agency · July 2026 · grade A
  • 2026-ASW-9434-OE: 201 ft Stack 'Unit 1A Turbine Stack' at 32.46763333,-91.68245556; status Determined - No Hazard
    “Unit 1A Turbine Stack | 201 ft AGL | submitted 06/11/2026”
    FAA · June 2026 · grade A
  • 2026-ASW-9436-OE: 201 ft Stack 'Unit 2A Stack' at 32.51905556,-91.70391389; status Determined - No Hazard
    “Unit 2A Stack | 201 ft AGL | submitted 06/11/2026”
    FAA · June 2026 · grade A
  • 2026-ASW-9437-OE: 201 ft Stack 'Unit 1A Stack' at 32.51906667,-91.706725; status Determined - No Hazard
    “Unit 1A Stack | 201 ft AGL | submitted 06/11/2026”
    FAA · June 2026 · grade A
  • 2026-ASW-9438-OE: 201 ft Stack 'stack' at 32.47001944,-91.68246389; status Determined - No Hazard
    “stack | 201 ft AGL | submitted 06/11/2026”
    FAA · June 2026 · grade A
  • >250 mi new 500/230 kV lines; WFC-St; Landry 500 kV line MW.
    “ELL sought the Commission's approval to add 5,278 megawatts of generation, in addition to battery storage and transmission, to serve Evest LLC”
    State agency · March 2026 · grade A
  • 2025-ASW-13820-OE: 201 ft Stack 'Unit 1A Turbine Stack' at 32.53281667,-91.63353056; status Determined - No Hazard
    “Unit 1A Turbine Stack | 201 ft AGL | submitted 01/12/2026”
    FAA · Jan. 2026 · grade A
  • 2025-ASW-13821-OE: 201 ft Stack 'Unit 2A Turbine Stack' at 32.53021667,-91.63351389; status Determined - No Hazard
    “Unit 2A Turbine Stack | 201 ft AGL | submitted 01/12/2026”
    FAA · Jan. 2026 · grade A
  • Nearest power line: 115 kV Entergy Louisiana at 0.73 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Nearest 500 kV line: 500 kV 'Sterlington - Baxter Wilson 500KV' at 3.722 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Nearest substation: unnamed 115 kV at 2.65 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • utility certification (generation+transmission): settlement approved (order issued Aug. 29, 2025)
    “The agreement allows Entergy Louisiana to construct three new modern and efficient combined cycle combustion turbine generation facilities”
    Company · Oct. 2026 · grade B
  • Stated campus size: 5,000 MW
    “Meta is expanding its Hyperion campus in northeast Louisiana into what it calls a 5 GW AI supercluster”
    Company · July 2026 · grade B
  • Interconnection status: MISO queue position located: Entergy Louisiana ERAS generator requests E0014 (Franklin Farms, 1,640 MW, Smalling 230 kV), E0043 and E0044 (Richland Parish generators, 1,640 MW each, West Fork Cree
    “It is also known as Laidley Project, Titanium Advanced power station, Meta Richland Parish Data Center power station, Franklin Farms 1&2, Hyperion data center power station”
    Dataset · Dec. 2025 · grade B
  • Grid upgrade due to be energized by: Dec. 1, 2026
    “*50539 Cargas 500 kV and Smalling 500-230 kV stations Load Growth 12/1/2026 $1,210.0”
    Dataset · Aug. 2025 · grade B
  • Grid upgrade cost tied to this load: 1210000000 USD
    “*50539 Cargas 500 kV and Smalling 500-230 kV stations Load Growth 12/1/2026 $1,210.0”
    Dataset · Aug. 2025 · grade B
  • Electric service agreement signed: U-37425 settlement ESA executed (terms confidential); Meta pays its full share of dedicated generation/transmission costs
    “Importantly, Meta is paying its share of the costs for the infrastructure needed to support its operations”
    Company · Aug. 2025 · grade B
  • Companion EPR projects 50540 (Sarepta to Mount Olive 500 kV, $470M, network/ratepayer cost) and 50541 (El Dorado 500/345 kV Autotransformer Upgrade) mitigate system impacts of this campus's 50539 stations project; press/
    “any adverse system impact caused by this project is mitigated by the Sarepta to Mount Olive 500 kV (MTEP ID 50540) and the Eldorado 500/345 kV Autotransformer Upgrade (MTEP ID 50541) projects”
    Dataset · Aug. 2025 · grade B
  • Entergy Louisiana MISO ERAS filings (submitted August 6, 2025): MW Range of Need 2,000-2,250 MW, location of need Richland County, LA, LRZ 9 - the resource-adequacy need behind the U-37425 resources (ERAS E0014: Richland
    “2000-2250 Richland County, LA, LRZ 9”
    Utility regulator · Aug. 2025 · grade B
  • Utility service: 4,500 MW
    “Meta will take 4,500 megawatts from Entergy”
    News report · Oct. 2026 · grade C
  • Utility service: 4,500 MW
    “Testifying, CEO Phillip May put the first official number on Meta's draw, 4,500 megawatts”
    News report · Oct. 2026 · grade C
  • Entergy CEO Phillip May testifies at U-37882 evidentiary hearing: Meta's Louisiana draw = 4,500 MW (first official load figure)
    “Testifying, CEO Phillip May put the first official number on Meta's draw, 4,500 megawatts, roughly four times what the city of New Orleans uses”
    News report · Oct. 2026 · grade C
  • Interconnection status: ESA signed (Entergy Louisiana); original generation/transmission approved by LPSC Aug 2025 (3 gas plants, ~2,262 MW); expansion docket U-37882 pending - hearing Oct 7-9, 2026, commission considera
    “The commission is scheduled to consider the case at its Dec. 16, 2026 Business and Executive Session”
    News report · Oct. 2026 · grade C
  • large load interconnection request: pending - evidentiary hearing held Oct 7-9, 2026; commission consideration scheduled Dec 16, 2026
    “Entergy's filing, opened under docket U-37882 in March, seeks certification for new generation, battery-storage and transmission assets”
    News report · Oct. 2026 · grade C
  • Backup generators: 31 emergency diesel generators; 44 natural-gas water boilers (LDEQ minor-source permit to Laidley LLC, Jul 2025; amended Jan 14 2026, approved Jun 6 2026)
    “LDEQ minor-source permit to Laidley LLC (Meta real-estate entity), approved July 2025: 31 emergency diesel generators. Amended Jan 14, 2026 to add 44 natural-gas water boilers”
    grade C
  • large load interconnection request: approved - generation and transmission resources for the Meta campus approved Aug 2025, incl. three gas plants (~2,262 MW) and up to 1,500 MW solar procurement
    “Under contract with Meta, power company Entergy agreed to build three gas-powered plants that would produce 2,262 megawatts”
    News report · Aug. 2025 · grade C
  • Residents/Sierra Club raise noise and light pollution concerns (Monroe Free Press)
    “the Sierra Club warns of grid reliability risks, higher electricity rates statewide, noise and light pollution”
    News report · 2025 · grade C
  • Meta + Gov. Landry + LED announce $10B AI-optimized data center on 2,250-acre former Franklin Farm megasite between Rayville and Delhi; 500+ direct jobs; 5,000 construction workers at peak
    “Meta announced it will build a $10 billion artificial intelligence data center in northeast Louisiana”
    News report · Dec. 2024 · grade C
Money and contracts (28)
  • Parcel sale: $4,315,200 on Nov. 8, 2006, Book 455 Page 915
    “SalesPrice 4315200, SaleDate 2006-11-08, Book 455, Page 915, DeedNumber 335870”
    State agency · Oct. 2026 · grade A
  • Nport holding balance: 80000 USD thousands par
    “<balance>80000.000000000000</balance> <units>PA</units>”
    SEC filing · Aug. 2026 · grade A
  • Nport mark per 100 par: 102.06 USD per 100 par
    “Computed from the filing: 81651.88 / 80000 x 100 = 102.06”
    SEC filing · Aug. 2026 · grade A
  • Financing bonds: Beignet Investor LLC senior secured notes: 6.581% fixed, due May 30, 2049, marked 102.06 (Aristotle NPORT-P, repPdEnd June 30, 2026)
    “<debtSec><maturityDt>2049-05-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6.581”
    SEC filing · Aug. 2026 · grade A
  • Aristotle Funds Series Trust NPORT-P (filed Aug. 26, 2026) holds BEIGNET INVESTOR LLC 6.581% due May 30, 2049: balance 80,000 (USD thousands par), value 81,651.88 (USD thousands), a mark of about 102.06 per 100
    “BEIGNET INVESTOR LLC; cusip 076912AA2; balance 80000; valUSD 81651.88; maturityDt 2049-05-30; annualizedRt 6.581”
    SEC filing · Aug. 2026 · grade A
  • sustainability agreement: customer benefits commitment 260000000 USD
    “ELL and the Customer will provide a total of $260 million in direct benefits to ELL's other customers through ELL's energy efficiency and weatherization programs and Entergy's The Power to Care Program”
    Utility regulator · March 2026 · grade A
  • Meta raises Hyperion to 5 GW compute / >$50B investment; first 2 GW by 2030; full 5 GW ~2032; completion 2036; >$1.6B contracted to Louisiana firms; $5M LDCC scholarship donation
    “The company said Monday the Richland Parish campus will ultimately scale to 5 GW and require more than $50 billion in investment”
    Company · July 2026 · grade B
  • electric service agreement: cost allocation full share of dedicated gen+transmission costs
    “Meta is paying its share of the costs for the infrastructure needed to support its operations, ensuring that other customers are protected from those expenses”
    Company · Aug. 2025 · grade B
  • ground lease: rent credited to purchase 732000 USD/yr
    “it settled for paying $732,000 a year in rent with an option to buy for $12 million before the lease ends, according to the term sheet”
    News report · Oct. 2026 · grade C
  • ground lease: purchase price / clawback 12000000 USD
    “Louisiana offered the 1,400-acre plot to the company for $12 million, which the lease says was the cost to the state of acquiring and maintaining the land”
    News report · Oct. 2026 · grade C
  • ground lease / PILOT: reclamation clawback 3750000000 USD capex floor
    “Louisiana Economic Development reserves the right to reclaim the property if Meta doesn't invest at least $3.75 billion and hire the equivalent of 225 full-time jobs by 2028”
    News report · Oct. 2026 · grade C
  • ground lease / PILOT: price penalty on shortfall 19000000 USD
    “if Meta only spends $4 billion in the state instead of $5 billion, the property would end up costing it $19 million”
    News report · Oct. 2026 · grade C
  • Source record
    “PILOT/land lease: >=$5B capex by Dec 31, 2028; >=100 FTE, rising to 300 by 2030; the state may redeem the land if <75% of the capex and jobs requirements are met by Dec 3, 2028”
    grade C
  • property-tax PILOT: jobs-linked abatement percentage 60 % abatement
    “making it eligible for a 60% break on local property taxes if it creates 300 permanent jobs that pay 150% of the state average salary”
    News report · Oct. 2026 · grade C
  • property-tax PILOT: abatement step-up 80 % abatement
    “The incentive increases with the number of jobs, making the company ultimately eligible for an 80% reduction once it creates 500 permanent jobs”
    News report · Oct. 2026 · grade C
  • sales-tax exemption: 20-year exemption 3300000000 USD forgone revenue (est.)
    “won a twenty-year exemption from state and local sales and use taxes on its equipment, including the GPUs that train AI models. Louisiana would have collected more than $3.3 billion”
    News report · Oct. 2026 · grade C
  • PILOT payment: first PILOT payment received 13100000 USD
    “Richland's Police Jury collected $13.1 million, up from $1.57 million... includes Richland Parish's first payment in lieu of taxes from the Meta AI data center”
    News report · July 2026 · grade C
  • Financing jv: Meta 20% / Blue Owl-managed funds 80%; ~$27-28.8B total; $27.3B SPV debt rated A+ (S&P) at ~225bp; Meta rent starts June 1, 2029; residual value guarantee
    “$27.3 billion of SPV-issued debt arranged by Morgan Stanley, priced at roughly 225 basis points over Treasuries, rated A+ by S&P”
    News report · July 2026 · grade C
  • Tenants: Meta Platforms (owner-occupier via JV operating lease)
    “The joint venture owns the landlord entity, and Meta operates as tenant”
    News report · July 2026 · grade C
  • electric service agreement: 20-year contract term 20 years
    “The application, submitted March 25, seeks approval of generation and transmission resources tied to a 20-year contract with Evest, LLC, a Meta subsidiary”
    News report · April 2026 · grade C
  • sustainability agreement: renewables commitment 2,500 MW ceiling
    “LAIS-0042 logs the up-to-2,500-MW renewable-subscription ceiling subject to later procurement and certification”
    News report · March 2026 · grade C
  • Meta acquired ~1, 400 additional adjacent acres (phase-2 signal)
    “Originally set on 2,250 acres, Meta quietly purchased an additional 1,400 acres of adjacent land at the end of 2025”
    News report · Feb. 2026 · grade C
  • joint venture / lease: senior secured notes 27300000000 USD
    “$27.3 billion of SPV-issued debt arranged by Morgan Stanley as sole bookrunner, priced at roughly 225 basis points over Treasuries, rated A+ by S&P, anchored by Pimco”
    News report · Oct. 2025 · grade C
  • joint venture / lease: rent commencement + residual value guarantee
    “Meta's rent begins June 1, 2029, backstopped by a payment guaranty and a Residual Value Guarantee”
    News report · Oct. 2025 · grade C
  • Meta/Blue Owl JV closed (Oct 2025): Beignet Investor LLC issues ~$27.3B notes; Meta takes ~$3B one-time distribution; JV total ~$27-28.8B for ~2.06 GW campus
    “In October 2025, Meta formed the Blue Owl joint venture targeting up to $27 to $28.8 billion in total development costs for a 2.06 GW facility”
    News report · Oct. 2025 · grade C
  • Announced: Dec. 4, 2024
    “Meta announced it will build a $10 billion artificial intelligence data center in northeast Louisiana”
    News report · Dec. 2024 · grade C
  • General contractor: Turner Construction Company; DPR Construction; M.A. Mortenson Company
    “Turner Construction Company (turnerconstruction.com), DPR Construction, and M. A. Mortenson will build the data center campus”
    News report · Dec. 2024 · grade C
  • Campus groundbreaking (December 2024)
    “a supercluster in the Holly Ridge community that began as a $10 billion project at groundbreaking in December 2024”
    News report · Dec. 2024 · grade C
Permits and government (48)
  • LAIDLEY, LLC: permit record in radius search
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 1; 2273 LA HWY 183; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • LAIDLEY, LLC: permit record in radius search
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 2; 2273 LA 183; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • LAIDLEY, LLC: permit record in radius search
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 3; 2273 LA HWY 183; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • M A MORTENSON COMPANY: permit record in radius search
    “M A MORTENSON COMPANY - LAIDLEY DATA CENTER; 2273 LA HWY 183; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • Delhi, Town of: permit record in radius search
    “DELHI TOWN OF - DELHI RICHLAND DATA CENTER - TEMPORARY WWTP; APPROX 1050 JAGGERS LN; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • M.A MORTENSON COMPANY: permit record in radius search
    “M.A MORTENSON COMPANY - PROJECT SUCRE - ECE PACKAGE 1; 2273 LA HWY 183; RAYVILLE LA”
    State agency · Oct. 2026 · grade A
  • stormwater construction coverage: coverage listed (active)
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 1 | LAR10Q178 | 2273 LA HWY 183”
    Dataset · Oct. 2026 · grade A
  • stormwater construction coverage: coverage listed (active)
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 2 | LAR10Q241 | 2273 LA 183”
    Dataset · Oct. 2026 · grade A
  • stormwater construction coverage: coverage listed (active)
    “LAIDLEY, LLC - PROJECT SUCRE-ECE PACKAGE 3 | LAR10Q280 | 2273 LA HWY 183”
    Dataset · Oct. 2026 · grade A
  • stormwater/general permit: coverage listed (active)
    “M A MORTENSON COMPANY - LAIDLEY DATA CENTER | LAG670266”
    Dataset · Oct. 2026 · grade A
  • stormwater construction coverage: coverage listed (active)
    “M.A MORTENSON COMPANY - PROJECT SUCRE - ECE PACKAGE 1 | LAR10Q176”
    Dataset · Oct. 2026 · grade A
  • wastewater (temporary WWTP): coverage listed (active)
    “DELHI TOWN OF - DELHI RICHLAND DATA CENTER - TEMPORARY WWTP | LAG560496”
    Dataset · Oct. 2026 · grade A
  • subpoena ruling (ALJ): ALJ ruling: subpoena granted in part / denied in part
    “The Subpoena Ruling denied in part, and granted in part, the Motion for Subpoena”
    State agency · Aug. 2026 · grade A
  • commission order: subpoena REVERSED and VACATED (3-1 vote; written order issued ~Sept. 17, 2026)
    “the Commission voted to reverse the Tribunal's ruling and vacate the subpoena, rendering the motion to quash moot. The motion passed 3:1”
    State agency · Aug. 2026 · grade A
  • Louisiana PSC Business & Executive Session: immediate review of ALJ subpoena ruling (Order U-37882-A)
    “on motion of Vice Chairman Coussan, seconded by Chairman Skrmetta, with Commissioner Francis concurring, Commissioner Lewis opposing, and Commissioner Campbell absent”
    State agency · Aug. 2026 · grade A
  • gas pipeline certificate (application): notice of application published (application filed July 1, 2026)
    “ETC Tiger estimates the total cost of the Project to be $137,388,622, all as more fully set forth in the application”
    State agency · July 2026 · grade A
  • LPSC Administrative Hearings Division: oral argument on AAE/UCS Motion for Subpoena (Meta non-party)
    “After receiving briefs from the parties and hearing oral argument on July 8, 2026, the administrative law judge (ALJ) issued the Ruling”
    State agency · July 2026 · grade A
  • utility large-load plan / contract filing (expansion, Project Evest): Entergy Lo: Application filed March 26, 2026; evidentiary hearing held October 7-9, 2026; pending LPSC decision
    “In its Application, ELL sought the Commission's approval to add 5,278 megawatts ("MW") of generation, in addition to battery storage and transmission, to serve Evest LLC”
    Utility regulator · March 2026 · grade A
  • 1,640 MW gas generation; applicant Entergy Louisiana, LLC; POI Smalling 230kV Sub: active - generator interconnection request (ERAS expedited track)
    “"Franklin Farms"; "Entergy Louisiana, LLC"; "Smalling 230kV Substation (new)"”
    Dataset · Dec. 2025 · grade A
  • utility large-load plan / contract filing: Entergy Louisiana application for app: Settlement approved; Order No. U-37425 issued August 29, 2025
    “ELL may solicit, procure and designate to Customer 1,500 MW of solar and/or hybrid”
    Utility regulator · Aug. 2025 · grade A
  • section 404 wetlands: public notice issued
    “Overall: To create and install new infrastructure to meet the anticipated energy demands of a new 2,640-megawatt hyperscale data center”
    State agency · 2025 · grade A
  • section 404 wetlands: public notice issued
    “The applicant is applying for a Department of the Army permit to conduct activities within jurisdictional areas for the purpose of constructing a corporate data center campus”
    State agency · Dec. 2024 · grade A
  • gas pipeline scoping: scoping notice published
    “The Commission will use this environmental document in its decision-making process to determine whether the project is in the public convenience and necessity”
    State agency · Aug. 2026 · grade B
  • air permit (prime): Proposed - public notice issued Aug. 20, 2026; public hearing Oct. 1, 2026; comments through Oct. 5, 2026
    “Public Notice for Permits# 2460-00037-V0, PSD-LA-871, and 2460-00037-IV0”
    State agency · Aug. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-2416-OE: Franklin Farms Mobile Cranes, Mobile Crane, 375 ft AGL, 475 ft AMSL, 32.52926,-91.63545, Determined - No Hazard, submitted 2026-03-04”
    FAA · March 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-2415-OE: Tower Crane 2FF, Tower Crane, 375 ft AGL, 475 ft AMSL, 32.53090,-91.63433, Determined - No Hazard, submitted 2026-03-04”
    FAA · March 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-2414-OE: Tower Crane 1FF, Tower Crane, 375 ft AGL, 475 ft AMSL, 32.53331,-91.63431, Determined - No Hazard, submitted 2026-03-04”
    FAA · March 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2025-ASW-14824-OE: Rayville, LA, Mobile Crane, 315 ft AGL, 407 ft AMSL, 32.51592,-91.64366, Determined - No Hazard, submitted 2026-02-05”
    FAA · Feb. 2026 · grade B
  • Tallest structure filed with the FAA (ft): 201 ft
    “ASN 2025-ASW-13820-OE: Unit 1A Turbine Stack, Stack, 201 ft AGL, 300 ft AMSL, 32.53282,-91.63353, Determined - No Hazard, submitted 2026-01-12”
    FAA · Jan. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2025-ASW-13821-OE: Unit 2A Turbine Stack, Stack, 201 ft AGL, 300 ft AMSL, 32.53022,-91.63351, Determined - No Hazard, submitted 2026-01-12”
    FAA · Jan. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2025-ASW-13820-OE: Unit 1A Turbine Stack, Stack, 201 ft AGL, 300 ft AMSL, 32.53282,-91.63353, Determined - No Hazard, submitted 2026-01-12”
    FAA · Jan. 2026 · grade B
  • On-site generation phase: two 201-ft turbine stacks (Unit 1A / Unit 2A, submitted Jan. 12, 2026) and the Franklin Farms tower cranes date construction of the campus power island in Q1 2026.
    “ASN 2025-ASW-13820-OE: Unit 1A Turbine Stack, Stack, 201 ft AGL, 300 ft AMSL, 32.53282,-91.63353, Determined - No Hazard, submitted 2026-01-12”
    FAA · Jan. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2025-ASW-13732-OE: RPL 6 Data Hall, Mobile Crane, 275 ft AGL, 360 ft AMSL, 32.48112,-91.63650, Determined - No Hazard, submitted 2026-01-05”
    FAA · Jan. 2026 · grade B
  • FAA OE/AAA crane filings evidence vertical construction at the campus from Jan 2026: a 275-ft mobile crane for 'RPL 6 Data Hall' (submitted Jan. 5, 2026), a 315-ft mobile crane inside the outline (Feb. 5, 2026) and 375-ft to
    “ASN 2025-ASW-13732-OE: RPL 6 Data Hall, Mobile Crane, 275 ft AGL, 360 ft AMSL, 32.48112,-91.63650, Determined - No Hazard, submitted 2026-01-05”
    FAA · Jan. 2026 · grade B
  • 1,640 MW gas generation; applicant Entergy Louisiana, LLC; POI West Fork Creek 23: active - generator interconnection request (ERAS expedited track)
    “"Richland Parish generators"; "Entergy Louisiana, LLC"; "West Fork Creek 230kV Substation (New)"”
    Dataset · Dec. 2025 · grade B
  • 1,640 MW gas generation; applicant Entergy Louisiana, LLC; POI West Fork Creek 23: active - generator interconnection request (ERAS expedited track)
    “"Richland Parish generators"; "Entergy Louisiana, LLC"; "West Fork Creek 230kV Substation (New)"”
    Dataset · Dec. 2025 · grade B
  • transmission upgrade (MTEP EPR): Approved - Expedited Project Review (EPR)
    “*50539 Cargas 500 kV and Smalling 500-230 kV stations Load Growth 12/1/2026 $1,210.0”
    Dataset · Aug. 2025 · grade B
  • transmission upgrade (MTEP EPR): Approved - Expedited Project Review (EPR)
    “this project mitigates thermal violations resulting from the Cargas 500 kV and Smalling 500-230 kV Stations project (MTEP ID 50539)”
    Dataset · Aug. 2025 · grade B
  • Stage: building on track
    “Meta is planning to more than double its data center campus in Richland Parish to 5GW; construction continues through 2030”
    News report · Oct. 2026 · grade C
  • air permit public hearing: public hearing held
    “A woman who lives near the Meta data center said she has had an air-quality monitor in her home for the past several months”
    News report · Oct. 2026 · grade C
  • LDEQ public hearing: Franklin Farms power station air permit
    “Patricia Bell, a Richland Parish resident and health care professional, said she has grave concerns about the project”
    News report · Oct. 2026 · grade C
  • evidentiary hearing: three-day hearing held
    “Only two hearings stand between Meta and the power infrastructure needed to serve its expanding $50 billion data center campus in Richland Parish”
    News report · Oct. 2026 · grade C
  • Rayville Civic Center (Richland Parish Police Jury + WSP USA): Rooted in Richland comprehensive Master Plan / Unified Development Code kickoff
    “an ongoing comprehensive Master Plan and Development Code project for Richland Parish, led in partnership with the Richland Parish Police Jury”
    News report · Oct. 2026 · grade C
  • Jena public forum (landowners): West Fork Creek-St. Landry 500 kV line route concerns; 100+ landowners
    “Three Central Louisiana lawmakers are asking the Louisiana Public Service Commission to hold off on a December vote on Entergy's proposed 500-kilovolt transmission line”
    News report · Oct. 2026 · grade C
  • KRVS/Gulf States Newsroom: Entergy VP Larry Hand authored the motion Commissioner Campbell presented to approve the U-37425 settlement (file metadata + email two days before Aug 20, 2025 vote)
    “its metadata lists Larry Hand, Entergy's VP of regulatory and public affairs, as the author”
    News report · Aug. 2026 · grade C
  • air permit (minor source): approved; amended and re-approved
    “LDEQ minor-source permit to Laidley LLC (Meta real-estate entity), approved July 2025: 31 emergency diesel generators, a diesel fire-pump system”
    grade C
  • Louisiana PSC Business & Executive Session: U-37882 Rule 57 directive: AHD to compile record without ALJ recommendation for Dec 2026 B&E
    “Entergy Louisiana's March application in item U-37882 sought to speed the Lightning Directive's certification process for a major generation and transmission project”
    News report · April 2026 · grade C
  • Louisiana PSC Business & Executive Session: U-37425 settlement approval (generation + transmission for single customer, Project Laidley)
    “Davante Lewis — the only one of five public service commissioners to vote against the plan — said he's still unclear how much electricity the center will use”
    News report · Aug. 2025 · grade C
Legal (3)
  • LPSC votes 3-1 (Order U-37882-A) to reverse ALJ and VACATE the Meta subpoena; written order issued ~Sep 17, 2026
    “the Commission voted to reverse the Tribunal's ruling and vacate the subpoena, rendering the motion to quash moot. The motion passed 3:1”
    State agency · Aug. 2026 · grade A
  • ALJ Subpoena Ruling: granted requests 1-2, denied 3-5; Meta moves to quash / for stay / for immediate review (filed July 14, 2026)
    “the administrative law judge (ALJ) issued the Ruling on Motion for Subpoena for the Production of Documents and the accompanying Subpoena on July 10, 2026”
    State agency · July 2026 · grade A
  • AAE + UCS file Motion for Subpoena against non-party Meta in U-37882 (investment/jobs evidence; load substantiation)
    “On June 29, 2026, intervenors, the Alliance for Affordable Energy, and the Union of Concerned Scientists filed a Motion for Subpoena for the Production of Documents directed to Meta”
    State agency · June 2026 · grade A
Site and other (20)
  • Beignet bond coupon: 6.581 percent fixed
    “<couponKind>Fixed</couponKind> <annualizedRt>6.581000000000</annualizedRt>”
    SEC filing · grade A
  • Parcel pin: 8200253201
    “Richland Parish parcel point query at campus centroid returns PIN 8200253201”
    State agency · Oct. 2026 · grade A
  • Parcel owner: STATE OF LOUISIANA
    “Parcel OWNERNAME is 'STATE OF LOUISIANA'; stale record, Meta assembles the site via Evest LLC per LPSC docket”
    State agency · Oct. 2026 · grade A
  • Parcel acres: 640.35 acres
    “Parcel Acres field 640.35; legal description totals 1,419.8 acres across sections 26/27/34/35 T18N R8E”
    State agency · Oct. 2026 · grade A
  • Code names: Project Sucre (Meta internal code name); Project Laidley (U-37425 original campus track); Project Evest (U-37882 expansion track)
    “Project Evest will be located near the data center (Project Laidley) currently being developed by Laidley LLC”
    State agency · Oct. 2026 · grade A
  • Beignet bond cusip: 076912AA2
    “<name>BEIGNET INVESTOR LLC</name> <cusip>076912AA2</cusip>”
    SEC filing · Aug. 2026 · grade A
  • Beignet bond maturity: May 30, 2049
    “<maturityDt>2049-05-30</maturityDt>”
    SEC filing · Aug. 2026 · grade A
  • 2026-ASW-2414-OE: 375 ft Tower Crane 'Tower Crane 1FF' at 32.53330833,-91.63430833; status Determined - No Hazard
    “Tower Crane 1FF | 375 ft AGL | submitted 03/04/2026”
    FAA · March 2026 · grade A
  • 2026-ASW-2415-OE: 375 ft Tower Crane 'Tower Crane 2FF' at 32.53089722,-91.63433056; status Determined - No Hazard
    “Tower Crane 2FF | 375 ft AGL | submitted 03/04/2026”
    FAA · March 2026 · grade A
  • 2026-ASW-2416-OE: 375 ft Mobile Crane 'Franklin Farms Mobile Cranes' at 32.52925833,-91.63545; status Determined - No Hazard
    “Franklin Farms Mobile Cranes | 375 ft AGL | submitted 03/04/2026”
    FAA · March 2026 · grade A
  • 2025-ASW-13732-OE: 275 ft Mobile Crane 'RPL 6 Data Hall' at 32.48111792,-91.63649924; status Determined - No Hazard
    “RPL 6 Data Hall | 275 ft AGL | submitted 01/05/2026”
    FAA · Jan. 2026 · grade A
  • Current target date: 2036
    “The first phase remains on track to deliver about 2 GW by 2030”
    Company · July 2026 · grade B
  • Groundbreaking date: Dec. 2024
    “Construction began in late 2024, with the facility expected to become operational by 2030”
    Company · Dec. 2024 · grade B
  • Name: Meta Hyperion
    “Meta's Hyperion data center complex is slated to scale to 5 GW. Image via Meta”
    News report · Oct. 2026 · grade C
  • Construction stage: under construction (vertical/foundations; Franklin Farms plants broke ground Dec 2025; nothing energized)
    “On Monday morning, Entergy broke ground on two [Franklin Farms] plants”
    News report · Oct. 2026 · grade C
  • Opposition: Sierra Club noise/light-pollution concerns; Louisiana Landowners Coalition (Aug 27 2026 petition to LPSC on West Fork Creek 500 kV line); lawmakers' letters Oct 2026 urging delay of Dec 16 vote
    “Three Central Louisiana lawmakers are asking the LPSC to hold off on a December vote on Entergy's proposed 500-kilovolt transmission line”
    News report · Oct. 2026 · grade C
  • Louisiana Landowners Coalition petition to LPSC opposing West Fork Creek-Boeuf 500 kV route; asks Entergy to find route causing least damage to private property
    “The coalition had copies of its Aug. 27 petition to the Louisiana Public Service Commission available at the meeting”
    News report · Aug. 2026 · grade C
  • Acres: 2250 (core) + ~1400 acquired Feb 2026; 3200 per Meta Jul 2026 acres
    “Meta Platforms confirmed on July 13, 2026 that its Hyperion data center campus in Richland Parish will scale to 5 gigawatts across 3,200 acres”
    News report · July 2026 · grade C
  • Entergy system-wide data-center pipeline (NOT this campus): Entergy reported its data center customer pipeline in the 7 GW to 12 GW range in its Q3 2025 investor update, across all operating companies and customers.
    “Entergy said its data center customer pipeline increased 2 GW from the previous quarter to land in the 7 GW to 12 GW range.”
    News report · Oct. 2025 · grade C
  • tertiary, not independently verified)
    “Wikipedia cites a 600% rise in vehicle crashes in 2025”
    grade C

Imagery and records: Satellite imagery: Maxar via Esri World Imagery Wayback; Sentinel-2 (ESA Copernicus).