Correction Issued Below
LOS LUNAS, N.M. (KRQE) – Facebook’s Los Lunas data center is looking to expand. Greater Kudu LLC filed an application for industrial revenue bonds that could help double the size of the current data center. They are asking for a series of six payments exceeding no more than $6.6 billion for each payment, totaling nearly $40 billion.
It proposes up to six new buildings – two being built in the next two years, which cost $800 million to construct and equip. If approved, the new series is estimated to bring up to 300 new jobs and 30 more full-time employees once completed. Both the village and Greater Kudu are hoping a decision is reached by mid-March.
Correction: In a previous version of this story it was reported that Facebook was asking for about $6.6 billion in Industrial Revenue Bonds to add up to six new buildings, that is incorrect, Facebook is asking for a series of six payments exceeding no more than $6.6 billion for each payment, totaling nearly $40 billion.