TechFlow reports that on May 5, Meta Platforms (META.O) is developing a financing plan for a data center in El Paso, Texas, U.S., with a total value potentially reaching approximately $13 billion. According to sources familiar with the matter, Morgan Stanley and JPMorgan Chase & Co. are leading this process. These sources indicated that the majority of the financing is expected to be debt-based, with the remainder structured as equity financing. The sources added that discussions remain at an early stage, and specific terms are still under ongoing revision. (Jinshi)
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