2025-10-21, compute commitment
From Meta to Hyperion joint venture (Meta, Blue Owl)
Disclosed: undisclosed
Committed: undisclosed
Basis: announced ceiling
Confidence: high
Term: 4 years
Meta, 2025-10-21
Meta entered operating leases with the Hyperion joint venture for all of the campus facilities once construction is complete, with a four-year initial term and options to extend, and gave the venture a residual value guarantee for the first 16 years of operations. Lease payments were not disclosed.
No loops through this deal.