Hyperion (Meta; Richland Parish, Louisiana, US) was promised operations by 31 December 2030; at the end-of-August 2026 reading the public record evidences 0 MW of IT load against 5,000 MW announced or estimated. The book’s verdict: not yet due.
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Announced or estimated (IT load)5,000 MW
Evidenced power (IT load), end of August 20260 MW
The book’s verdictNot yet due
The ledger’s reading is the end of August 2026: the promises and the states as they stood then. Each row’s evidence carries its own date, printed on it.
- Evidence read
- Today
- Promised
The announcement
- Announced or estimated capacity (IT load)
- 5,000 MW
- Where the announcement was read
- about.fb.com
- When it was read
The promise
- Promised by
- What was promised
- operations
- Where the promise was read
- not on file
At the close of the record
- Evidenced power (IT load), end of August 2026
- 0 MW
- Where the evidence was read
- epoch.ai
- When it was read
- The book’s verdict
- Not yet due
The book’s note
5,000 MW is Meta’s compute-capacity figure. The August 2026 compilation’s table of promised dates (row 7) dates the original 2 GW campus ‘operational by 2030’, with no URL; the August 2026 compilation gives ‘first major capacity 2028’ with no source. Meta’s primary for the 2030 date would settle the promise source.
Also
- Who is involved
- owner Blue Owl–Meta joint venture
- operator Meta
- financier Blue Owl
Filings that bear on it
- Louisiana Public Service Commission, Order in Docket U-37425, 29 August 2025 Louisiana’s utility commission approved a settlement letting Entergy Louisiana build three combined-cycle generators and transmission for Meta’s Richland Parish data center, with conditions on the customer’s minimum monthly charges, parent guaranty and early termination fee, and quarterly progress reports.
- Meta Platforms, Form 10-K for the year ended 31 December 2025 Meta’s 2025 annual report shows its Louisiana data center venture, with $12.31 billion of lease commitments from 2029 and a maximum loss exposure of $45.95 billion, and $115.8 billion of operating cash flow against $69.7 billion of capital spending.
- Louisiana Public Service Commission, transcript of the Business and Executive Session of 20 August 2025, Plaquemine, Commissioners Davante Lewis and Jean-Paul Coussan questioning the Staff’s consultant Lane Sisung At Louisiana’s commission on 20 August 2025, the staff’s consultant said Meta’s termination fee repays the generators’ originally projected cost, so after an overrun there “may be a little bit of gap” while the plants pass to ratepayers.
- Meta Platforms, Form 10-Q for the quarter ended 30 June 2026, accepted 29 July 2026, filing date 30 July; Note 5 and the expense and headcount discussions Meta’s report for April to June 2026 puts its maximum loss exposure to the Louisiana data center venture at $46.03 billion, with about $12.31 billion of lease commitments, and names third-party AI token costs among its rising expenses.
- Edward Burgess, Direct testimony and exhibits on behalf of Alliance for Affordable Energy and Union of Concerned Scientists, LPSC Docket U-37882, 31 July 2026 Testimony for two advocacy groups on Entergy Louisiana’s seven new generators for a second Meta data center in Richland Parish reports that the first project’s generation and transmission estimate rose $465 million, about 11.7 percent, to $4.421 billion.
- Meta Platforms, Form 10-Q for the quarter ended 30 September 2025 Meta’s report for July to September 2025 records its October venture with a Blue Owl affiliate for a Richland Parish data center campus, about $12.3 billion of four-year leases from 2029, and a residual value guarantee.
- Louisiana Public Service Commission, Order No. U-37882, decided at the 15 April 2026 Business and Executive Session and issued 14 May 2026 Louisiana’s utility commission voted 4 to 1 on 15 April 2026 to take up on 16 December 2026 Entergy Louisiana’s request to certify generation and transmission for Evest LLC’s proposed data center in Richland Parish.
- Meta Platforms, Form 10-Q for the quarter ended 30 September 2026, signed 21 October 2026; Note 5 Meta’s report for July to September 2026 records a Texas data center venture beside its Louisiana one, each 20 percent its own, about $355.73 billion of leases not yet begun and $454.52 billion of non-cancelable commitments.
- Entergy Corporation, Form 10-Q for the quarter ended 30 June 2026, 2026 Entergy’s report for April to June 2026 records a March 2026 service agreement with Evest, a Meta subsidiary, for a second north Louisiana data center, and an application for seven combined-cycle plants totaling 5,278 megawatts at about $12.9 billion.
- The White House, “President Trump’s Ratepayer Protection Pledge Secures American AI Dominance, Protects Consumers,” 23 July 2026 The White House said on 23 July 2026 that more than 200 more utilities, developers, cooperatives and states had joined its Ratepayer Protection Pledge, citing power deals by Google, Oracle, Amazon, QTS and Meta, and Crusoe’s self-powered Abilene campus.
The dated tests that name it
- Chapter 14, the campus’s financing due 1 June 2029
- Chapter 14, the hour, on a proxy due 1 June 2029
- Chapter 14, the campus’s financing due 31 December 2030
Campuses near it in the ledger
- Stargate Doña Ana / Project Jupiter shares a party
- Prometheus shares a party
- Reliance–Meta Jamnagar shares a party
Questions about this campus
- Is Hyperion energized?
- Hyperion (Meta; Richland Parish, Louisiana, US) was promised operations by 31 December 2030; at the end-of-August 2026 reading the public record evidences 0 MW of IT load against 5,000 MW announced or estimated. The book’s verdict: not yet due.
- When was Hyperion promised to be energized?
- Hyperion was promised operations by 31 December 2030.
- Who is building Hyperion?
- Blue Owl–Meta joint venture (owner), Meta (operator), Blue Owl (financier).
How to cite this page
Dryburgh, Lee S. “Hyperion.” In The AI Compute Race. DRYBURGH. https://dryburgh.com/vol1/ledger/hyperion (accessed 2026-11-01).
BibTeX
@misc{dryburgh-hyperion-2026,
author = {Dryburgh, Lee S.},
title = {{Hyperion}},
howpublished = {In \emph{The AI Compute Race}, DRYBURGH},
year = {2026},
url = {https://dryburgh.com/vol1/ledger/hyperion},
note = {Accessed 2026-11-01}
}