Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center
Louisiana has granted Meta a tax break and power for its biggest data center in the state. The social media giant will receive a $17.8 million performance-based grant to support the construction of the new data center.
The data center, which is expected to create hundreds of new jobs, will be located in the northwest Louisiana city of Bossier City. It will be Meta’s largest data center in the world, covering over 500,000 square feet.
In addition to the tax break, Meta will also receive reduced electricity rates for the facility, helping to make it more cost-effective to operate. The state of Louisiana hopes that this investment will help boost the economy and bring more high-tech jobs to the region.
This announcement comes as Meta faces increasing scrutiny over its data practices and influence on social media. The company has been working to improve its image and rebuild trust with users and regulators.
Overall, the tax break and power granted to Meta for its new data center in Louisiana is seen as a win-win for both the company and the state. The investment will create jobs, boost the economy, and potentially attract more tech companies to the region.
It remains to be seen how this decision will impact Meta’s future growth and success, but for now, it seems like a positive development for all parties involved.