Facebook plans to invest $1 billion in all into Virginia data center project. The company is putting $750 million into construction and $250 million to multiple solar facilities that will power the data center, McAuliffe said.
The Democrat Governor of Virginia, Terry McAuliffe announced on Thursday that Facebook will build its next data center in Henrico County, which is just outside Richmond. In his words at an event announcing the decision, McAuliffe said "Working with companies like Facebook and many others, we are advancing Virginia's position as a global leader in the technology economy."
The investment is expected to create 100 full-time jobs and as part partnership profits, Facebook will receive about $19 million in state tax exemptions through 2035, according to the Virginia Economic Development Partnership.
In a statement by Facebook's director of data center strategy, Rachel Peterson, she said "One of the many important factors in our search for a new data center location is being able to source clean and renewable energy. We also look for great partnerships within the local community, robust infrastructure ... and a strong pool of local talent."
Facebook’s need for computing power continues to grow even as it weathers criticism for 3,000 Russian-bought ads that appeared on the platform around the time of the presidential election.