Meta, formerly known as Facebook, has been granted a substantial tax break and power supply agreement by the state of Louisiana for its largest data center in the region.

The tax break will provide Meta with significant savings on property taxes, helping to incentivize the expansion of their data center operations in the state.

In addition to the tax break, the power supply agreement ensures that Meta will have a reliable and cost-effective source of electricity to support the energy-intensive demands of their data center.

This move by Louisiana highlights the state’s commitment to attracting and supporting major tech companies like Meta, which bring economic growth and job opportunities to the region.

The data center is expected to create hundreds of new jobs and bolster the local economy through increased investment and infrastructure development.

Meta’s decision to expand its operations in Louisiana reflects the state’s favorable business environment and strategic location for tech companies looking to establish a strong presence in the South.

With this tax break and power supply agreement, Meta is well-positioned to continue its growth and innovation in the data center industry, further solidifying its role as a leading technology company.

The partnership between Meta and Louisiana is a win-win for both parties, as it brings mutual benefits and opportunities for collaboration in the rapidly evolving tech sector.

Overall, this news signifies a major milestone for Meta and Louisiana, showcasing the state’s proactive approach to attracting and supporting tech giants in their expansion efforts.