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CNBC: To land Meta’s massive $10 billion data center, Louisiana pulled out all the stops

Posted on 6/25/25 at 4:04 pm
Posted by Chicken
Jackassistan
Member since Aug 2003
27478 posts
Posted on 6/25/25 at 4:04 pm
"Will it be worth it?"

LINK

quote:

Meta is building the largest data center in the Western Hemisphere on a sprawling site in rural Northeastern Louisiana.

The state offered billions of dollars in tax breaks to win the project, and the local utility will supply three new power plants.

Data centers have become a major economic development battleground for many states, even though they provide relatively few jobs and consume massive amounts of resources.
This post was edited on 6/25/25 at 4:05 pm
Posted by Booyow
Member since Mar 2010
4192 posts
Posted on 6/25/25 at 4:05 pm to
Dear Facebook…
Posted by nicholastiger
Member since Jan 2004
56066 posts
Posted on 6/25/25 at 4:06 pm to
sounds more and more like a Edwin Edwards type deal with taxpayers paying higher utility costs
Posted by billjamin
Houston
Member since Jun 2019
18098 posts
Posted on 6/25/25 at 4:08 pm to
Probably not. I haven’t looked into this one specifically, but many of these data centers pay below market power prices and if you know how monopolistic utilities work that means consumers make up the difference.
Posted by Y.A. Tittle
Member since Sep 2003
110973 posts
Posted on 6/25/25 at 4:11 pm to
I'd love to see that old poster IB Freeman's take on this.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/25/25 at 4:13 pm to
This will bring in millions upon millions of tax dollars to Richland parish
Posted by WillieD
Lafayette/BR
Member since Apr 2014
3262 posts
Posted on 6/25/25 at 4:16 pm to
“Will it be worth it?”

If not it can become TD’s new headquarters
Posted by ragincajun03
Member since Nov 2007
29244 posts
Posted on 6/25/25 at 4:17 pm to
quote:

This will bring in millions upon millions of tax dollars to Richland parish


I bet Francis Thompson has already figured out how to get his cut.
Posted by slidingstop
Member since Jan 2025
2305 posts
Posted on 6/25/25 at 4:22 pm to
quote:

It put us on a scale that has a lot of people, not just domestically, but internationally, sort of rethinking Louisiana,” Secretary of Economic Development Susan Bourgeois told CNBC.


and what are they rethinking, Susan? What has changed?


M
quote:

eta’s newest data center will ultimately create just 500 permanent jobs,


better than solar farms and wind farms that employ one or two locals at best, but still take up massive amounts of ag land.


quote:

he Meta site will use roughly twice as much electricity as the city of New Orleans on a peak day — local utility Entergy said it could deliver.

“What I see is an opportunity for this industry to grow in a way it hasn’t seen in many decades,” said Phillip May, CEO of Entergy Louisiana. The company is seeking regulatory approval to build not one, but three gas-fired power plants at the site, at a cost of more than $3 billion.


sure hope Entergy delivers power more dependably and efficiently than it does to its residential customers. NOLA and parts of BR have regular outages due to Entergy. Hope META has a football field full of generators.
Posted by Jack Daniel
Gold member
Member since Feb 2013
29373 posts
Posted on 6/25/25 at 4:23 pm to
This will create many jobs in India
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
46425 posts
Posted on 6/25/25 at 4:24 pm to
Francis Thompson is a longtime piece of shite
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/25/25 at 4:25 pm to
quote:

This will create many jobs in India


Explain
Posted by IMJ127
Death Valley
Member since Jul 2011
3693 posts
Posted on 6/25/25 at 4:26 pm to
Only 500 jobs. Tax breaks and tax payer money out the arse. Our power in NELA goes out with a summer shower. I guess we can put it on our resume tho.
This post was edited on 6/25/25 at 4:27 pm
Posted by slidingstop
Member since Jan 2025
2305 posts
Posted on 6/25/25 at 4:27 pm to
quote:

This will bring in millions upon millions of tax dollars to Richland parish


this may be true, but I guarantee you the same politicians who offered the tax incentives will be bitching about how META "doesn't pay its fair share" within five years of going online.
Posted by N2cars
Member since Feb 2008
39683 posts
Posted on 6/25/25 at 4:27 pm to
Juat looked @ the site last week.

If you move dirt up there, you're gonna make some coin.

500 jobs won't change that place much at all.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37090 posts
Posted on 6/25/25 at 4:29 pm to
quote:

Only 500 jobs.


They always overstate the number of jobs to get more tax breaks and increase the odds of it getting the ok. I'd be good money it'll be around half that.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37090 posts
Posted on 6/25/25 at 4:29 pm to
quote:

Explain


He probably thought they were building a call center, not a data center.
Posted by ItzMe1972
Member since Dec 2013
12670 posts
Posted on 6/25/25 at 4:30 pm to
Entergy has requested regulatory approval to shift a significant portion of the infrastructure costs—up to $470 million for the transmission line and potentially much more for the power plants—onto its customer base

This post was edited on 6/25/25 at 4:37 pm
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14818 posts
Posted on 6/25/25 at 4:32 pm to
what is the tax revenue of a facility that is not built here.......

no what is the indirect tax revenue of the the jobs (both construction and operation) of the same facility that is exempt from state taxes.....
Posted by TeddyPadillac
Member since Dec 2010
30364 posts
Posted on 6/25/25 at 4:33 pm to
quote:

As for the energy — the Meta site will use roughly twice as much electricity as the city of New Orleans on a peak day — local utility Entergy said it could deliver.



Can't wait for that request from Entergy forcing me to run my a/c in the summer time at 82F.
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