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Facebook announces plans to invest $1 billion in East End with 970,000-square-foot Henrico Data Center

Facebook is making a big investment in the Richmond area–to the tune of $1 billion, announcing plans to build a new 970,000-square-foot data center in the White Oak Technology Park.

Trevor Dickerson

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Facebook is making a big investment in the Richmond area–to the tune of $1 billion. The social media giant announced plans Thursday to build a new data center in the White Oak Technology Park in Henrico’s East End. Governor Terry McAuliffe announced Facebook is directly investing $750 million to establish the 970,000-square-foot data center.

In addition, due to a new renewable energy tariff designed by Dominion Energy Virginia and Facebook, hundreds of millions of additional dollars will be invested in the construction of multiple solar facilities in the Commonwealth to service Facebook’s Henrico Data Center with 100 percent renewable energy. The project will bring thousands of construction jobs to the region and more than 100 full-time jobs once the facility is operational. Governor McAuliffe met with company officials about the project on multiple occasions, most recently during his San Francisco Marketing Mission earlier this week.

“I am proud to welcome Facebook to Henrico County, and we look forward to a strong partnership,” said Governor McAuliffe, speaking at the event. “When an industry giant like Facebook selects Virginia for a major operation, it’s proof that our efforts to build an open and welcoming economy that works for everyone are paying off. For many years, Virginia has served as a key hub for global internet traffic, emerging as one of the most active data center markets in the world. Working with companies like Facebook and many others, we are advancing Virginia’s position as a global leader in the technology economy and a world-class home to innovative companies of every size.”

The Virginia Economic Development Partnership worked with Henrico County, the Henrico County Economic Development Authority, and the General Assembly’s Major Employment and Investment (MEI) Project Approval Commission to secure the project for Virginia. The project was also made possible through a new renewable energy tariff called Schedule RF, designed by Dominion Energy Virginia and Facebook. The tariff will allow large energy users, such as Facebook, to meet their needs through the addition of renewable energy sources.

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Trevor Dickerson is the Editor and Co-Founder of RVAHub.