---
title: "Chapter 14, the campus’s financing, due 1 June 2029 · The AI Compute Race · DRYBURGH"
source: https://dryburgh.com/vol1/tests/2029-3
description: "Chapter 14, the campus's financing: due 1 June 2029."
---

# Chapter 14, the campus’s financing

Due 1 June 2029

**The test.** The verdict that the campus’s financing is secure stands while the monitors show the plants on schedule and S&P’s reports show the project’s coverage above 1.10 times. It is weakened, toward a campus short of power, if either Franklin Farms unit slips past 1 June 2029.

open Open. S&P’s case for Hyperion’s notes, issued by Beignet Investor LLC, rests on a flat 1.12-times coverage to 2049, two hundredths above the 1.10 below which it says it could take a negative action.

From *The AI Compute Race*. [Read the book](https://dryburgh.com/vol1#buy)

**Falls due:** 1 June 2029

**Read on:** Hyperion’s 2028 energization notices and the U-37425 quarterly monitors

**Chapter:** [Chapter 14 — The Convergence](https://dryburgh.com/vol1/notes/chapter-14)One campus, Meta’s Hyperion, run through four possible futures to show how science, power, money and permission meet in the price of an accelerator-hour.

## What it names

- Campus [Hyperion](https://dryburgh.com/vol1/ledger/hyperion)

## Filings that bear on it

- [Louisiana Public Service Commission, Order in Docket U-37425, 29 August 2025](https://dryburgh.com/vol1/filings/lpsc-order-u37425)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.

[Add this test to your calendar](webcal://dryburgh.com/vol1/data/tests.ics?test=2029-3) · Download this test: [CSV](https://dryburgh.com/vol1/data/test-2029-3.csv) · [JSON](https://dryburgh.com/vol1/data/test-2029-3.json)

## Related in the record

- Chapter notes [Chapter 14 — The Convergence](https://dryburgh.com/vol1/notes/chapter-14)

- [Campuses](https://dryburgh.com/vol1/ledger)
- [Scorecard](https://dryburgh.com/vol1/scorecard)
- [Data](https://dryburgh.com/vol1/data/releases)
- [Chapter by chapter](https://dryburgh.com/vol1/companion)
- [The record at a glance](https://dryburgh.com/vol1/observatory)
- [The machine](https://dryburgh.com/vol1/machine)
- [One campus, four futures](https://dryburgh.com/vol1/hyperion)
- [Glossary](https://dryburgh.com/vol1/glossary)
- [People](https://dryburgh.com/vol1/people)
- [Sources](https://dryburgh.com/vol1/sources)
- [Notes](https://dryburgh.com/vol1/notes)
- [Where the book was wrong](https://dryburgh.com/vol1/corrections)
- [Where its sources were wrong](https://dryburgh.com/corrections?book=vol1)
- [The Paper](https://dryburgh.com/vol1/paper)
- [Consent](https://dryburgh.com/vol1/consent)
- [Who builds and pays](https://dryburgh.com/vol1/parties)

*The AI Compute Race: Five Races, One Machine* is a book by Lee S. Dryburgh, the first volume of THE COMPUTE ECONOMY, published by Dryburgh, an imprint of Contestra OÜ, Tallinn, Estonia; its record closes on 8 November 2026.

[About the book](https://dryburgh.com/vol1)[Tell me when it is out](https://dryburgh.com/vol1#notify)