local
BlackRock joins Meta’s El Paso Data Center project: What it means for city agreements and taxpayers
Summary by The El Paso Editorial Desk Nina Gallegos , as published by KVIA ABC-7
· July 29, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page Nina Gallegos, as published by KVIA ABC-7 Original story Read at the source Source published Jul 29, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key takeaway The city has been contacted regarding the partnership, specifically about whether proper notice was given as required by the 380 Economic Development Program Agreement.
A financial partnership has been formed between Meta and BlackRock for the El Paso data center. BlackRock now holds 80% interest in the project, while Meta retains 20% ownership. According to Meta, this partnership will not affect the day-to-day operations of the data center or their commitment to El Paso.
BlackRock's role is limited to providing funding. The city has been contacted regarding the partnership, specifically about whether proper notice was given as required by the 380 Economic Development Program Agreement. Further details on this developing story are available from local news sources.
Why this matters
Local news anchors readers in their community — the people, places, and decisions that shape day-to-day life. The El Paso covers these stories because national outlets often won't.
About this story
As published by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: local Published: July 29, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? A financial partnership has been formed between Meta and BlackRock for the El Paso data center. BlackRock now holds 80% interest in the project, while Meta retains 20% ownership. According to Meta…
When was this published? This article was first published on July 29, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by Nina Gallegos at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter
