Compute Institute
Ratings for the physical buildout of AI
Meta Hyperion (Richland Parish)

Meta Hyperion (Richland Parish)

Construction
Confirmed

Jurisdiction: US — Rest of US (composite)

Franklin Farm mega-site near Holly Ridge/Rayville, Richland Parish, Louisiana (coordinates approximate)

Capacity
2,000 MW basis: it load
GPUs (est.)
Capex
$27.0B
Announced
Target operational

Delivery health score

80.3 /100
80.3/100

Methodology prs-v0.1 · computed · trigger: manual

Schedule

85 /100
85/100

Regulatory

70 /100
70/100

Infrastructure

70 /100
70/100

Capital

90 /100
90/100

Why this score — factor breakdown

Each factor below contributed to the current score. Contributions are rubric weights from methodology prs-v0.1; every factor cites the record it is derived from.

Dimension
Factor
Contribution
Cites
Narrative
Capital baseline 40 Meta Hyperion (Richland Parish) Capital base before committed-capital evidence (announcement-only anchor region, §B.2.4).
Capital capital commitment +32.14 PIMCO (lender) lender role committed $18,000,000,000 (coverage 104% of $27,000,000,000 capex).
Capital capital commitment +12.5 Blue Owl Capital (investor) investor role committed $7,000,000,000 (coverage 104% of $27,000,000,000 capex).
Capital capital commitment +5.36 BlackRock (lender) lender role committed $3,000,000,000 (coverage 104% of $27,000,000,000 capex).
Infrastructure baseline 70 Meta Hyperion (Richland Parish) No-adverse-evidence infrastructure baseline (disclosed config, scoring.prs.baselines).
Regulatory baseline 70 Meta Hyperion (Richland Parish) No-adverse-evidence regulatory baseline (disclosed config, scoring.prs.baselines).
Schedule baseline 80 Meta Hyperion (Richland Parish) No-adverse-evidence schedule baseline (disclosed config, scoring.prs.baselines).
Schedule milestone achieved +5 Announcement Milestone "Announcement" achieved on/ahead of its first announced date (2024-12-01).

Milestones

  1. Announcement

    Achieved

    Announcement · Actual:

  2. Energization

    Expected
    1 revision

    Energization · Expected:

  3. Commissioning

    Expected
    1 revision

    Commissioning · Expected:

Constraint observations

No active constraint observations recorded against this project.

Entities & roles

Entity
Role
Ownership
Committed capital
Blue Owl Capital
Investor
80% $7.0B
Meta
Investor
20%
Meta
Operator
Meta
Owner
Entergy Louisiana
Power Supplier
Entergy Louisiana
Utility Provider
PIMCO
Lender
$18.0B
BlackRock
Lender
$3.0B
Morgan Stanley
Lender

Sources & citations

Every substantive field on this record is backed by a canonical claim from a cited source document, graded on the E1 (strongest) – E5 (weakest) evidence ladder.

  1. Meta Data Centers · backs: actual date, capacity mw

    https://datacenters.atmeta.com/richland-parish-data-center/

  2. About Meta · Dec 1, 2025 · backs: status

    https://about.fb.com/news/2025/12/metas-richland-parish-data-center-supports-louisiana-economy-875-million-in-contracts/

  3. The Lens NOLA · Mar 30, 2026 · backs: expected date

    https://thelensnola.org/2026/03/30/meta-triples-order-of-gas-fired-power-plants-for-its-ai-campus-in-louisiana/

  4. Fox8 · May 12, 2026 · backs: expected date

    https://www.fox8live.com/2026/05/12/metas-27-billion-ai-data-center-is-transforming-rural-louisiana/

  5. ENR · backs: capex usd

    https://www.enr.com/articles/62766-27b-meta-data-center-pushes-louisiana-toward-massive-power-expansion

Signals

Recent ingested source documents linked to this project via extracted claims or triage mentions, newest first.

  1. · About Meta · relevance 0.85

  2. · Meta Investor Relations · relevance 0.85

  3. · Global Data Center Hub · relevance 0.70

  4. · Entergy · relevance 0.90

  5. Meta Data Centers · relevance 0.70

  6. ENR · relevance 0.85

  7. Bloomberg · relevance 0.85