Meta Turns to a $95 Billion Stock Sale, With Nvidia Buying In, as North Carolina Pushes Data Centers to Pay for Power Plants
Wednesday, October 28, 2026 · 10 min
Meta plans to raise up to $95 billion in stock for its data center buildout, and Nvidia says it will put $3 billion into the offering. North Carolina's governor and attorney general want Duke's large-load deal to cover new generation, CenterPoint says about 12 GW of Houston large load remains in ERCOT's Batch Zero, and CAISO's board votes today on its large-load rules.
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Meta plans to raise up to $95 billion in stock for its data center buildout, and Nvidia says it will put $3 billion into the offering. North Carolina's governor and attorney general want Duke's large-load deal to cover new generation, CenterPoint says about 12 GW of Houston large load remains in ERCOT's Batch Zero, and CAISO's board votes today on its large-load rules.
In this episode
- Meta to sell up to $95B in stock to finance AI infrastructure buildout - SiliconANGLE — SiliconANGLE
“The fundraising initiative, which the company announced today, will kick off with a series of transactions cumulatively worth $35 billion. About two-thirds of that sum will come from the sale of common stock. Meta said Nvidia Corp., Advanced Micro Devices Inc. and Broadcom Corp.…”
- NC Gov, AG call for data center owners to help pay for new ... — NC Newsline
“Stein called the proposal “a step in the right direction,” but said it’s inadequate because it doesn’t require data center owners to help pay for any new power plants the state will have to build to supply their needs.”
- CenterPoint Lifts 10-Year Capital Plan to $70.7 Billion as About 12 GW of Houston Large Load Sits in ERCOT's Batch Zero — Marcus Reyes
“The short version, from the company's own documents: CenterPoint Houston Electric estimates that about 10 GW of base load and about 2 GW of studied load remain in Batch Zero. Its investor presentation lists the system's current peak demand at 21 GW.”
- CAISO's board votes tomorrow on new grid rules for very large electricity users — Junde Liu
“Under the staff proposal, a large load is an end user at one site that connects directly to the CAISO grid and has peak demand of 50 megawatts or more.”