The site from above
Power and the grid
Getting on the grid
Who supplies what, what it costs, and what is still not public.
- July 9, 2026Utility MW on record2,000 MW. News report · July 2026
Permits checklist
5 checked, nothing on file
Approvals a campus like this normally needs, and what we found.
- –Checked, nothing on file: Zoning approval, Site plan, Building permit, Water and wetlands permits, Utility and grid approval
Money on record
$600M Acquisition (Closed). News report · Sept. 2026
What happened, and what is due
- July 2, 2026Money Acquisition on record ($600M). News report · Sept. 2026
- July 9, 2026Site MARA's stated plan for the site is flexible compute: high-performance computing and AI workloads alongside bitcoin mining. News report · July 2026
Since Oct. 2026: 1 satellite capture. Satellite · Oct. 2026
Owners, partners and builders
- MARA Holdings, owner
- MAT 1177, utility
Open questions
- Signed electric service agreement and delivery date.
- Whether site work has started.
16 records from 5 documents
Drawn from news reports, satellite captures and company statements, each kept with its date and source. The bar shows documents by type.
Every quote behind this page
Grade key: A = the primary record itself (permit, filing, exhibit) · B = a dated official statement · C = news reporting. Map distances are our own measurements on OpenStreetMap and carry no grade. Allegations in lawsuits are marked as such in the quotes.
Power (3)
- Announced: July 9, 2026“today announced that they have entered into a definitive agreement under which MARA will acquire from HIF a large-scale powered land site in Matagorda County, Texas”Company · July 2026 · grade A
- Campus name: MARA Matagorda County campus (MAT 1177)“making MAT 1177 LLC an indirect subsidiary holding Texas land and rights to 2,000 megawatts of power for a planned data center project”News report · July 2026 · grade C
- Utility service: 2,000 MW“holding Texas land and rights to 2,000 megawatts of power for a planned data center project”News report · July 2026 · grade C
Money and contracts (3)
- acquisition: closed 600000000 USD“On September 21, 2026, the parties amended the purchase agreement, with Buyer posting a $100 million security deposit with the electric utility”News report · Sept. 2026 · grade C
- power rights (utility letter agreement): executed“holding Texas land and rights to 2,000 megawatts of power for a planned data center project”News report · July 2026 · grade C
- MARA's stated plan for the site is flexible compute: high-performance computing and AI workloads alongside bitcoin mining, with a third-party data-center lease contemplated in the amended purchase agreement. This establi“The company said it intends to develop the site for high-performance computing and bitcoin mining workloads”News report · July 2026 · grade C
Site and other (3)
- Project status: announced“MARA targets an initial 1 gigawatt of capacity by October 2027, with total capacity rising to 2 gigawatts by April 2028, subject to ERCOT approval”News report · July 2026 · grade C
- Site acreage: 1200 acres“The deal gives MARA access to a site spanning more than 1,200 acres in Matagorda County, Texas”News report · July 2026 · grade C
- County code: 48313“a site spanning more than 1,200 acres in Matagorda County, Texas”News report · July 2026 · grade C
Imagery and records: Satellite imagery: Sentinel-2 (ESA Copernicus).