Money
Briefing: Meta-backed data centre seeks $3bn for campus with novel financing
Strategic angle: ‘Project Walleye’ lenders would be first to fund both construction and power
editorial-staff
1 min read
Updated 8 days ago
Meta is pursuing a $3 billion funding initiative for its data center campus, known as 'Project Walleye'. This project introduces a novel financing structure.
Lenders involved in this initiative will be the first to provide capital for both the construction of the facility and its power requirements, a departure from traditional financing models.
This approach may influence future data center projects, potentially reshaping how infrastructure investments are structured and funded.