Data Centers in Texas

Project Matador, the Texas panhandle campus now marketed at 17 GW with roughly 6 GW permitted. TensorWave signed a 15-year, $6.5B lease for the first 222 MW building in August 2026, with deliveries staged for the second half of 2027. Satellite imagery through spring 2026 showed land clearing, not vertical construction.

Target: 2027Source: Bisnow (Aug 2026)

Proposed 5 GW behind-the-meter data center hub near Laredo, billed as the world's largest. Commercial operations targeted for 2029; no permits, tenants, or construction reported.

Target: 2029Source: RGV Business Journal (Feb 2026)

3 GW campus in Hopkins County that broke ground in February 2025; Phase I is 800 MW with the first building targeted for late 2026 and full build by 2029.

Target: 2029Source: Gilmer Mirror (Feb 2026)

Google's $40B Texas expansion. Two Haskell County campuses are under construction, and a third Google-linked campus in Ranger received a county tax abatement in April 2026. No megawatt figure has been published.

Target: 2027Source: KTXS (May 2026)

2,000-acre behind-the-meter AI campus with a 20-year Chevron gas supply deal (June 2026) and no ERCOT interconnect; final investment decision due by end of 2026. The $8B is the midpoint of Chevron's power plant capex; campus cost is undisclosed.

Target: 2028Source: Chevron (Jun 2026)

Galaxy Digital's Helios campus delivered Phase I (133 MW of IT load) to CoreWeave in Q2 2026, with Phase II (260 MW) due in the first half of 2027. ERCOT-approved capacity is 1.63 GW, potentially scaling to 3.6 GW.

Target: 2026Source: PR Newswire (Jul 2026)

Vantage Data Centers' massive West Texas campus near Abilene, part of the emerging Texas data center corridor.

Target: 2026Source: Epoch AI (Apr 2026)

OpenAI's flagship Stargate campus. Buildings 1-4 serving about 420 MW of IT load as of September 2026, buildings 5-8 structurally complete, full 1.2 GW projected by late 2026. A 600 MW expansion was scrapped in March 2026. Investment is Epoch AI's projected site cost at full buildout; the $100B figure often quoted is the program-wide Stargate commitment.

Target: 2026Source: Epoch AI (Sep 2026)

SB Energy-operated Stargate campus in central Texas. Building 1 framed, first delivery targeted for October 2026, full 1.2 GW by Q4 2028.

Target: 2026Source: Epoch AI (Apr 2026)

Meta's 1 GW far west Texas campus, raised to a $10B+ commitment in March 2026. A BlackRock-led venture took an 80% stake in July 2026; more than 2,300 workers on site, with capacity coming online from 2028.

Target: 2028Source: Meta (Jul 2026)

CyrusOne's two-phase 760 MW campus co-located with Calpine generation broke ground in June 2026. First building targeted for Q4 2026; $1.5B covers the first three buildings.

Target: 2026Source: Freestone County Times (Jun 2026)

Google-backed campus for Anthropic in Hill County, 600 MW initially with a developer target of 7.7 GW. A $15B Morgan Stanley-led loan with Google guarantees was reported in August 2026.

Target: 2027Source: Yahoo Finance (Jun 2026)