Meta’s Need for Gas Power Boosts Entergy Spending by $14 Billion

US utility Entergy Corp. boosted its four-year capital spending plan by nearly a third to $57 billion, mainly to build natural gas-fired power plants for Meta Platforms Inc.’s massive data center development in northern Louisiana.

The Meta complex requires so much energy that Entergy is building 10 new gas power plants to supply it with electricity. Dubbed Hyperion, the AI-focused data center in Richland Parish will be Meta’s largest. Entergy has said the 10 plants will aim to provide more than 7 gigawatts of power — equal to the output of seven large nuclear reactors.