ETFs & MarketsPremiumMeta and BlackRock $14B El Paso Deal and EPA Ruling Reshape Infrastructure ETFs
A massive $14 billion partnership between Meta and BlackRock to build an El Paso data center, combined with a crucial regulatory exemption from the Environmental Protection Agency (EPA), is poised to reprice technology and utility ETFs. The EPA recently determined that its Acid Rain Program rules do not apply to data center power plants, removing a significant regulatory hurdle for on-site electricity generation.
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