Data center profile · Santa Teresa Industrial Park, Doña Ana County, New Mexico

Project Jupiter

Oracle's 1,400-acre Stargate campus for OpenAI at Santa Teresa, New Mexico: the buildings are rising, but the 2.45 GW fuel-cell plant meant to power them still lacks an air permit

Building; power unpermitted. Developers say the campus is over 30% complete (press). Its only planned power source, a fuel-cell plant, has no air permit and its gas line is blocked on state land. Oracle sent a force majeure notice in Sept. 2026.
Desert scrub before construction began, Satellite image, Sept. 21, 2025
2.45 GW
Bloom fuel cells meant to power the campus
company; up to 2,462 MW in the permit application, not yet permitted
$18B
bank construction loan
about 20 banks; traded below 90 cents after the force majeure notice (press)
3 years
how long Oracle can defer rent if power is late
it cannot exit the lease (press)
Nov. 23, 2026
state deadline to rule on the air permit
the contested hearing is still open
OperatorSTACK Infrastructure (Blue Owl) builds and will run it; co-developer BorderPlex was reportedly dropped in Sept. 2026 (press)
CustomerOracle (tenant of all four buildings), hosting AI infrastructure for OpenAI
Planned IT capacity1.5 GW at full build-out (our estimate from on-site generation)
First building in serviceOur estimate: 2028 (range 2027 to 2029); company says 2028.
Next deadlineNov. 23, 2026: State must rule on the fuel-cell plant's air permit
The site

Desert scrub in the only sharp picture, Sept. 2025

The campus on Sept. 21, 2025, the only sharp satellite picture of it, taken before any work: untouched desert scrub crossed by two-track trails. Grading began in the months after, so the whole build has been seen only by coarser satellites (below). By Oct. 2026 a large staging yard filled the southeast corner. The quarry at top left, the pond at left and the solar array near the bottom are not part of the campus.

Satellite overview123
Satellite image, Sept. 21, 2025. Pins placed from site coordinates.
  1. 1Data halls
    west-center of the campus: one roofed, two rising
  2. 2Power yard
    east strip: a dark equipment field where the fuel-cell plant is planned
  3. 3Laydown yard
    southeast corner: rows of staged materials and equipment
From orbit

One hall roofed and two more rising on 2025's desert

On Sept. 21, 2025, in the only sharp satellite picture of the campus, this was untouched desert scrub (see the site view above). By Oct. 11, 2026 a coarse satellite view shows one large hall with a finished bright roof and two more with partial roofs, one running off the bottom of the frame.

One hall roofed and two more rising on 2025's desert
Ground map drawn from the lower-resolution image: vegetation, nothing builtbare or graded groundroofsgravel and padsequipment, asphalt or waterEdges are accurate to about 10 m.
Lower-resolution satellite image, Oct. 11, 2026
From orbit

A dark equipment field where the fuel-cell plant is planned

On Sept. 21, 2025 this strip on the east side of the campus was desert scrub (see the site view above). By Oct. 11, 2026 it was a dark, finely gridded field about 440 by 640 meters, with a bright equipment compound at its south end. At this coarse resolution the individual units cannot be made out, so the picture cannot show whether fuel cells are in place.

A dark equipment field where the fuel-cell plant is planned
Ground map drawn from the lower-resolution image: vegetation, nothing builtbare or graded groundroofsgravel and padsequipment, asphalt or waterEdges are accurate to about 10 m.
Lower-resolution satellite image, Oct. 11, 2026
Quarter by quarter

From desert scrub to three halls in a year

Grading began in late 2025, after the Oct. 6, 2025 frame and before a Nov. 3, 2025 capture. By Oct. 9, 2026 three hall roofs show, one bright and two dark, with fit-out continuing, and the microgrid field and the laydown yard are fully formed.

Satellite view of the campus, Oct. 9, 2026

Sentinel-2 satellite, 10 m resolution (coarser than the photos above).
Power

Power and the grid

None energized or contracted yet

Bloom solid-oxide fuel cells (natural gas)Draft permit, contested
2,462 MW
up to 2,275 fuel-cell clusters in the April 2026 application; Oracle cites 2.45 GW from about 7,000 fuel cells; six installed by Oct. 13, 2026 (press) News report · April 2026
Proposed
Other sources, size not disclosed
Not used, not on record, or dropped

Getting on the grid

Who supplies what, what it costs, and what is still not public.

  1. Feb. 25, 2025
    Exempt from utility regulation
    The state's agreement with BorderPlex lets the microgrid run without being regulated as a public utility, as long as it serves only the campus (press). News report · Aug. 2025
  2. Dec. 2025
    First air applications found incomplete
    Regulators cite nitrogen-oxide concerns in the two gas-turbine microgrid applications (press). News report · Dec. 2025
  3. Jan. 29, 2026
    Gas lateral filed at FERC
    Energy Transfer's Transwestern applies to build an 18-mile, 24-inch line carrying 400,000 Dth a day, solely for the campus. see Permits
  4. March 20, 2026
    State land route denied
    The Land Commissioner bars the gas line from state trust land; she denies reconsideration on July 14 (press). News report · March 2026
  5. April 27, 2026
    Switch to fuel cells
    Oracle and Bloom replace the turbines and diesel units with up to 2.45 GW of fuel cells in one microgrid, and a new air application is filed. Company · April 2026
  6. Oct. 13, 2026
    Grid backup proposed
    Oracle proposes an El Paso Electric deal for construction, commissioning and backup power; it would need a county bond amendment and is not signed (press). News report · Oct. 2026
  7. Feb. 1, 2027
    Gas line in-service target
    Slipped from Aug. 2026; FERC had not authorized construction by Oct. 2026 (press). State agency · Oct. 2026

What is next door

campus0.84 km · 115 kV line0.93 km · 345 kV line21.48 km · El Paso Natural Gas pipelinecampus0.84 km · 115 kV line0.93 km · 345 kV line21.48 km · El Paso Natural Gas pipeline

Measured from the center of the mapped construction site. The campus is designed to run islanded, and no substation is mapped within 30 km. Distances from mapped lines and plants. OpenStreetMap · Oct. 2026

Is it running?

Evidence from space

NO2 over the site, net of the rural background, edged up from 14 to 18 µmol/m² between July–September 2025 and 2026, while the rural background stayed flat (about 20 both summers). The change is small next to normal swings, so it is not clear evidence of new combustion. Plant records also show no on-site power plant running yet. On record here: Bloom solid-oxide fuel cells (natural gas), 2,462 MW, proposed. No rise fits a plant that is not running yet, or runs little; it does not prove either.

See all campuses checked →

NO2 over the campus and over open country (µmol/m²)
050100150Jan 2025AprJulOctJan 2026AprJulOctOver the campusOpen country
050100150Jan 2025JulJan 2026JulOver the campusOpen country
Lines: 7-day (daily) / 3-week (weekly) averages; gaps from cloud filled by straight-line interpolation; dots are raw readings. Shaded: July–September 2025 and 2026, averaging 14 and 18 µmol/m² above open country (1.3×).

What else could explain it

How this works: the Sentinel-5P satellite measures NO2 in the air over every point on Earth once a day, around 1:30 p.m. local time, in pixels about 5.5 by 3.5 km. NO2 comes from burning fuel (turbines, engines, traffic, power plants), so a rise over a site that open country does not share points to new combustion there. It shows combustion activity, not megawatts. The site box is about 15 km across; the background box is open country about 59 km away. We use only high-quality readings and drop days or weeks when cloud hides more than half of either box. Data: Copernicus Sentinel-5P (ESA), processed with the Copernicus Data Space Ecosystem Sentinel Hub statistics service.

Permits

Permits checklist

1 contested · 1 withdrawn · 1 denied · 1 pending · 2 granted · 1 checked, nothing on file

The data halls are going up; the fight is over the power plant, its gas line and the water and incentive approvals behind them.

Risks

What could slow it down

Lawsuits

6 cases on record

Money

Money on record

$165B
county industrial revenue bond ceiling
a 30-year tax structure, not financing: $15B power, $25B buildings, $125B tenant equipment News report · Sept. 2025
$18B
bank construction loan
about 20 banks; traded at 89 to 91 cents in Sept. 2026 (press) News report · Sept. 2026
~$3B
Blue Owl equity
earns 9% during development; Oracle pays the debt costs (press) News report · Sept. 2026
$12M a year
payments in lieu of taxes to the county
for 30 years under the bond deal (press) News report · June 2026
50%
of gross receipts tax shared with the project
state economic development act deal, with a 750-job floor (press) News report · Sept. 2025
$10M a year
minimum Oracle would pay El Paso Electric
for 10 years under the proposed backup deal, plus up to $55M a year in customer bill credits; not signed (press) News report · Oct. 2026
$20.6M
raised by BorderPlex Digital Assets
Feb. 2025 SEC notice SEC filing · Sept. 2025
Land assembly

2 recorded land documents for the campus company in county records (Jan. 2025 to Nov. 2025); none lists a price. 2 related-party transfers are shown greyed. 9 sales or conveyances by the campus company or to public bodies are not listed. Parcel counts come from the deed; acreage is not recorded.

Timeline

What happened, and what is due

SitePaper trailConstructionPowerPermitsMoneyLegalUpcoming
  1. Jan. 27, 2025
    Money Land purchase, price not recorded: Santa Teresa Land LLC to BorderPlex Digital Assets LLC, recorded Jan. 2025 (county deed records) County deed records · Jan. 2025
  2. Feb. 25, 2025
    Site Governor Lujan Grisham announces a state partnership with BorderPlex for a Santa Teresa campus: $5B and 1,000 jobs Company · Feb. 2025
  3. Aug. 15, 2025
    Paper trail Yucca Growth Infrastructure LLC registered in Delaware and New Mexico
  4. Sept. 19, 2025
    Money County commission votes 4-1 for up to $165B in industrial revenue bonds and a tax-share deal News report · Sept. 2025
  5. Sept. 23, 2025
    Site Doña Ana County named one of Oracle's Stargate sites with OpenAI News report · Sept. 2025
  6. Nov. 12, 2025
    Money Land purchase, price not recorded: BorderPlex Digital Assets LLC to Yucca Growth Infrastructure LLC, recorded Nov. 2025 (county deed records) County deed records · Nov. 2025
  7. Jan. 23, 2026
    Site Oracle confirmed as tenant, hosting AI infrastructure for OpenAI Company · Jan. 2026
  8. March 20, 2026
    Power State Land Office bars the gas line from state trust land News report · March 2026
  9. April 27, 2026
    Power Power plan switches from gas turbines to Bloom fuel cells; new air application filed News report · April 2026
  10. July 29, 2026
    Permits Draft air permit published for the contested hearing State agency · July 2026
  11. Aug. 23, 2026
    Legal State Supreme Court pauses the air-permit case and the emergency well; stays lifted Sept. 17 News report · Aug. 2026
  12. Sept. 24, 2026
    Money Oracle sends a force majeure notice; the construction loan trades below 90 cents (press) News report · Sept. 2026
  13. Oct. 14, 2026
    Permits Developer caps fuel-cell output to cut emissions; an environmental group moves to dismiss the application News report · Oct. 2026
  14. Nov. 23, 2026
    Permits State deadline to rule on the air permit News report · Oct. 2026
  15. 2028
    Power Planned online date, unchanged per Oracle and Blue Owl News report · Sept. 2026
Construction activity

Building activity by quarter

Since Jan. 2022: 4 FAA filings (July 2026 to Sept. 2026): tallest permanent commercial use building 60 ft (filed July 2026) and tallest crane 350 ft (Sept. 2026); 77 satellite captures.

FAA filings
Satellite
’22
’23
’24
’25
’26
Dot size: records in the quarter, largest = 6. Two-digit years mark each first quarter.
The buildings

Specs

1,400 acres
campus site (press)
News report · Oct. 2026
4 buildings
data halls, all leased to Oracle (press)
News report · Jan. 2026
~110 acres
microgrid area at the north end; six fuel cells installed by Oct. 2026 (press)
News report · Oct. 2026
3,600 workers
on site in Sept. 2026, per Oracle (press)
News report · Sept. 2026
20,000 gal/day
average potable water cap in the community benefits agreement; 60,000 peak
News report · Oct. 2025
Who is involved

Owners, partners and builders

Owners and builders
  • STACK Infrastructure: builds and will operate the campus; owned by Blue Owl Capital
  • Blue Owl Capital: about $3B of equity; landlord side of the Oracle lease (press)
  • BorderPlex Digital Assets: original developer; reportedly removed by Oracle in Sept. 2026 (press)
  • Project companies: Yucca Growth Infrastructure (power), Red Chiles A to D (buildings), Oracle America Cloud Services (equipment)
Customers
  • Oracle: tenant of all four buildings
  • OpenAI: end user of the AI infrastructure Oracle hosts
Decision-makers
  • New Mexico Environment Department: air permit; hearing officer James O. Browning; final decision by Deputy Secretary John Rhoderick
  • New Mexico State Land Office (Commissioner Stephanie Garcia Richard): denied the gas-line route
  • Doña Ana County Commission: approved the bonds 4-1
  • FERC: gas lateral certificate
  • Attorney General Raúl Torrez: backed the Supreme Court petitions; investigating fake public comments
Power partners
  • Bloom Energy: fuel cells, and will run the power system
  • Transwestern Pipeline (Energy Transfer): Green Chile gas lateral
  • El Paso Electric: proposed backup power deal
Opponents
  • New Energy Economy, Center for Biological Diversity, N.M. Environmental Law Center, Empowerment Congress of Doña Ana County, N.M. Foundation for Open Government, Youth United for Climate Crisis Action
Still unknown

Open questions

Where this comes from

458 records from 66 documents

Drawn from news reports, state agency records, company statements, business registries, securities filings, public and commercial datasets, satellite captures, local government records and court filings, each kept with its date and source. The bar shows documents by type.

News report 45State agency 9Company 5SEC filing 3Dataset 2Satellite 1Local government 1Court filing 1
Evidence

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 (39)
  • Docket number: AQB 26-57 (P)
    “Yucca Growth Infrastructure, LLC., YGI Microgrid AQB 26-57 (P)”
    State agency · Aug. 2026 · grade A
  • Opposition: New Energy Economy; Center for Biological Diversity; NM Environmental Law Center (for residents Vivian Fuller and Jose Saldana Jr.); Youth United for Climate Crisis Action; Empowerment Congress of Dona Ana Co
    “the Center for Biological Diversity ... New Energy Economy ... Youth United for Climate Crisis Action”
    State agency · July 2026 · grade A
  • Generation technology: solid oxide fuel cells (SOFC), natural gas
    “Review of Solid Oxide Fuel Cell Microgrid Applications and Review of Recent Emissions Testing Results for SOFC Operations”
    State agency · May 2026 · grade A
  • Nearest substation: none mapped on the map within 30 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Nearest power line of 345 kV or more: 0.93 km - 345 kV line
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Nearest power line of 138 kV: none at 138 kV within 30 km (nearest line in the 100-345 kV band is 115 kV at 0.84 km
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Nearest gas pipeline: 21.48 km - El Paso Natural Gas pipeline
    Measured on OpenStreetMap map data.
    OpenStreetMap · Oct. 2026
  • Interconnection status: Microgrid-primary by design, not grid-served for primary power: Bloom Energy fuel-cell microgrid remains primary. Only grid instrument located is a PROPOSED El Paso Electric Energy Service Agreeme
    “the primary power source for Project Jupiter will continue to be provided by the Bloom Energy fuel cell microgrid. There is no change to our plan.”
    Company · Oct. 2026 · grade B
  • large load interconnection request: proposed
    “Oracle today announced a proposed Energy Service Agreement with El Paso Electric (EPE) for Project Jupiter to support late-stage construction, initial commissioning, emergency backup power at the site”
    Company · Oct. 2026 · grade B
  • Stated campus size: 2,450 MW
    “the data center will be supported by up to 2.45 GW of installed Bloom fuel cell capacity”
    Company · April 2026 · grade B
  • On-site power technology: Bloom Energy solid-oxide fuel cells (natural gas), single islanded microgrid, plus battery storage; replaces two gas-turbine/diesel microgrids
    “This updated power design will replace Project Jupiter's previously planned gas turbines and diesel generators and consolidate the facility into one single microgrid campus”
    Company · April 2026 · grade B
  • Generator maker and model: Bloom Energy solid-oxide fuel cell (Energy Server)
    “Project Jupiter will utilize Bloom Energy fuel cells to fully power the AI data center campus”
    Company · April 2026 · grade B
  • Gas supplier: Transwestern Pipeline Company LLC (Energy Transfer), Green Chile / Green Chili Lateral
    “an affiliate of Energy Transfer applied for blanket authorization to build 18 miles of 24-inch diameter natural gas pipeline (which it calls Green Chile)”
    State agency · Jan. 2026 · grade B
  • Gas lateral: FERC Docket No. CP26-80; ~17-18 mi, 24-inch, 400,000 Dth/d from El Paso area; ~$60M
    “The sole use for the Green Chile pipeline is to supply nearly 3,000 megawatts of planned natural gas power generation to exclusively serve Project Jupiter”
    State agency · Jan. 2026 · grade B
  • Role of the on-site plant: prime (primary power; microgrid operates independently of the utility grid)
    “meet its own power needs without impacting local ratepayers”
    Company · Aug. 2025 · grade B
  • STACK Infrastructure announces its role in Project Jupiter; up to $165B planned investment; 2,500+ construction jobs; 750+ permanent jobs
    “announced today its role in Project Jupiter, a proposed next-generation data center campus in Dona Ana County”
    Company · Aug. 2025 · grade B
  • On-site plant status: not built yet
    “Yucca's April application identifies the microgrid as not yet constructed and says the facility did not then have a construction permit.”
    News report · Oct. 2026 · grade C
  • Stage: under construction, at risk (shell construction real and advancing; the power plant it depends on is unpermitted, its gas lateral is blocked on state land, and the tenant holds a 3-year rent-delay force majeure c
    “Oracle can stall rent for up to three years, but it cannot walk away”
    News report · Oct. 2026 · grade C
  • Paper or real: Real: vertical construction with thousands of workers on site and $12M+ GRT already paid to the county. Paper: no air permit for the only power source, no pipeline route across state land, no utility ESA,
    “New Mexico's November 23 air-permit deadline is the first dated event that could put that clause to work”
    News report · Oct. 2026 · grade C
  • Verdict: not built yet; No EIA-860M registration and no CAMPD facility.
    “they remain without power. A proposed natural gas fuel cell plant to power the sprawling complex still lacks a state air quality permit.”
    News report · Oct. 2026 · grade C
  • Site acres: 1400 acres
    “The 1,400-acre campus will consist of four data center buildings powered by its own microgrid”
    News report · Oct. 2026 · grade C
  • Utility: El Paso Electric (no executed ESA; proposed ESA for construction/commissioning/emergency backup only, announced Oct. 13, 2026, not filed)
    “A scheduled Project Jupiter update took a surprise turn during the Oct. 13 Dona Ana County Board of County Commissioners meeting”
    News report · Oct. 2026 · grade C
  • Electric service agreement signed: none (no utility electric service agreement executed as of Oct. 18, 2026)
    “Oracle Executive Vice President Magesh Thiagarajan said the proposed agreement was not finalized”
    News report · Oct. 2026 · grade C
  • Power plan: onsite (islanded microgrid-primary; grid supply only proposed for late-stage construction, commissioning and emergency backup)
    “Bloom Energy's fuel cell microgrid would continue providing the site's primary electricity supply”
    News report · Oct. 2026 · grade C
  • Oracle proposes the El Paso Electric ESA (construction/commissioning/backup; $10M/yr x 10 yrs minimum) plus up to $55M/yr in customer bill credits for up to 3 years; commissioners protest the surprise; Oracle says it wil
    “Earlier this month, Oracle issued a Request for Proposals (RFP) to develop 2GW of new renewable energy capacity in New Mexico, which would support power delivery at the Project Jupiter campus”
    News report · Oct. 2026 · grade C
  • First media tour of the site: one data hall shown; six Bloom fuel cells installed in the microgrid lot; ~110-acre microgrid area on the campus's northern end; Oracle EVP said ~7,000 fuel cells will create 2.45 GW
    “Thiagarajan said the microgrid will consist of approximately 7,000 fuel cells that will create 2.45 GW to power the data centers”
    News report · Oct. 2026 · grade C
  • WSJ reports Oracle has removed BorderPlex Digital Assets from the development of Project Jupiter (land and power partner); no company confirmation found in sources opened
    “Oracle also removed BorderPlex Digital Assets, one of the project's land and power partners, from the development, The Wall Street Journal reported Friday”
    News report · Sept. 2026 · grade C
  • Oracle sent the developer a force majeure notice on Sep 24, 2026 citing delays to the on-site power supply (the microgrid's air permit was denied in March 2026); reported rent deferral of up to ~3 years; Oracle and Blue
    “Oracle Cites ‘Force Majeure’ on Controversial New Mexico Data Center”
    News report · Sept. 2026 · grade C
  • Construction stage: vertical (data-center buildings under construction; ~3,600 workers on site Sep 2026; nothing energized; microgrid unpermitted and not built)
    “more than 3,600 construction workers are on site (Oracle co-CEO Clay Magouyrk, Sep 10, 2026)”
    News report · Sept. 2026 · grade C
  • Interconnection status: No grid interconnection agreement; campus designed islanded. Gas lateral state-trust-land ROW denied twice (March 20, 2026 and July 14, 2026); FERC authorization pending
    “Garcia Richard has denied Energy Transfer's request to reconsider the agency's March decision rejecting state land access for a portion of the proposed Green Chili Lateral”
    News report · July 2026 · grade C
  • Generating units on the permit: 2,275 Bloom Energy solid oxide fuel cell units (Energy Servers), each with its own stack, no add-on emission controls
    “The proposed facility would consist of 2,275 individual Bloom Energy solid oxide fuel cells, each with its own smokestack but no add-on pollution controls for regulated pollutants”
    News report · July 2026 · grade C
  • On-site generation: 2,462 MW
    “The power plan includes a 2,462-MW Bloom Energy fuel-cell microgrid awaiting a state construction permit”
    News report · April 2026 · grade C
  • Generating units on the permit: 2275 fuel-cell clusters
    “Yucca Growth Infrastructure applied in April 2026 for a state permit to run up to 2,275 Bloom Energy solid-oxide fuel-cell clusters supplying 2,462 MW”
    News report · April 2026 · grade C
  • On-site generation: 2,462 MW
    “Yucca Growth Infrastructure applied in April 2026 for a state permit to run up to 2,275 Bloom Energy solid-oxide fuel-cell clusters supplying 2,462 MW”
    News report · April 2026 · grade C
  • On-site generation: 2,462 MW
    “Yucca Growth Infrastructure applied in April 2026 for a state permit to run up to 2,275 Bloom Energy solid-oxide fuel-cell clusters supplying 2,462 MW”
    News report · April 2026 · grade C
  • On-site generation: 2,697 MW
    “The East and West Microgrids would have up to 41 natural gas-fueled turbines, including up to 34 portable turbines, capable of producing up to 2,697 Megawatts”
    News report · Jan. 2026 · grade C
  • Acres: 1400 acres
    “the campus will span 1,400 acres with four data center buildings, micro-grid facilities, natural gas power plants, a battery storage center, and a desalination plant”
    News report · Jan. 2026 · grade C
  • Water use stated: Community Benefits Agreement caps daily operational potable water use at 20,000 gal/day average, 60,000 gal/day peak; county officials publicly disagree whether the cap covers the microgrids
    “The daily operational water use for the full data center campus buildout will be an average of 20,000 gallons per day with a maximum peak use capped at 60,000 gallons per day”
    News report · Oct. 2025 · grade C
  • Irb structure: Dona Ana County Ordinance 367-2025 (recorded Sep 22, 2025) authorizes industrial revenue bonds across three project affiliates: Yucca Growth Infrastructure, LLC (power, up to $15B), Red Chiles A, B, C and
    “The ordinance splits it three ways: up to $15 billion for Yucca (power), $25 billion for Red Chiles (the buildings) and $125 billion for Green Chile (the tenant's equipment)”
    News report · Sept. 2025 · grade C
Money and contracts (54)
  • Industrial revenue bond: affiliate authorization (buildings, executed Series 2025B) 25000000000 USD
    “2025B-1 in the maximum principal amount of $6,250,000,000 (the “Bonds”)”
    Local government · Nov. 2025 · grade A
  • Developer formd: BorderPlex Digital Assets, LLC filed a Form D on Feb 20, 2025 reporting a $20,555,000 securities offering, fully sold (related persons include Lanham Napier and BorderPlex Manager, LLC); affiliate BG Bor
    “BorderPlex Digital Assets, LLC”
    SEC filing · Sept. 2025 · grade A
  • Industrial revenue bond: contract value 165000000000 USD
    “Doña Ana County issued an IRB to fund the Project Jupiter data center, sponsored by Open AI and Oracle, for $165 billion.”
    State agency · July 2026 · grade B
  • Industrial revenue bond: affiliate authorization (power/infrastructure) 15000000000 USD
    “Yucca Growth Infrastructure LLC Doña Ana Data center infrastructure (part of Project Jupiter) 2025 $15,000,000,000 Yes Ordinance 367-2025”
    State agency · July 2026 · grade B
  • Industrial revenue bond: affiliate authorization (tenant equipment) 125000000000 USD
    “Greenchile Ventures LLC Doña Ana Data center infrastructure (part of Project Jupiter) 2025 $125,000,000,000 Yes Ordinance 367-2025”
    State agency · July 2026 · grade B
  • Industrial revenue bond: estimated tax benefit 3300000000 USD
    “Up to $3.3 billion in tax benefits are estimated for the Doña Ana County data center project, including $1.7 billion in state gross receipts tax (GRT) deductions”
    State agency · July 2026 · grade B
  • power supply partnership: scope Up to 2.45 GW of installed Bloom fuel cell capacity to fully power the campus, under Oracle and Bloom's previously announced expanded partnership; Bloom to supply the fuel cells and operat
    “As part of Oracle and Bloom's previously announced expanded partnership, the data center will be supported by up to 2.45 GW of installed Bloom fuel cell capacity”
    Company · April 2026 · grade B
  • Tenants: Oracle Corporation
    “Oracle is proud to be the tenant of southern New Mexico's Project Jupiter, a world-class AI data center campus”
    Company · Jan. 2026 · grade B
  • lease: scope Oracle is tenant of the full campus (four data center buildings); will host AI infrastructure for OpenAI
    “Oracle is proud to be the tenant of southern New Mexico's Project Jupiter”
    Company · Jan. 2026 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: PASEO DEL NORTE LLC · Grantee: BORDERPLEX DIGITAL ASSETS LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: YUCCA GROWTH INFRASTRUCTURE LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: YUCCA GROWTH INFRASTRUCTURE LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: RED CHILES A LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: RED CHILES B LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: RED CHILES C LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: RED CHILES D LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: BORDERPLEX DIGITAL ASSETS LLC · Grantee: SI SNM01EXPANSION LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land lease (recorded document): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: YUCCA GROWTH INFRASTRUCTURE LLC · Grantee: RED CHILES A LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land lease (recorded document): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: YUCCA GROWTH INFRASTRUCTURE LLC · Grantee: RED CHILES B LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land lease (recorded document): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: YUCCA GROWTH INFRASTRUCTURE LLC · Grantee: RED CHILES C LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Land lease (recorded document): contract value USD
    “Recorded: Nov. 12, 2025 · Grantor: YUCCA GROWTH INFRASTRUCTURE LLC · Grantee: RED CHILES D LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Nov. 2025 · grade B
  • Stated capital cost: 165000000000 USD
    “The project is planned to invest up to $165 billion over its term”
    Company · Aug. 2025 · grade B
  • memorandum of understanding: scope State-BorderPlex partnership MOU for a digital infrastructure campus in Santa Teresa integrating power, water, data centers, manufacturing and logistics; $5B construction spending proje
    “The announcement includes a Memorandum of Understanding (MOU) between the State of New Mexico and BorderPlex Digital Assets”
    Company · Feb. 2025 · grade B
  • Governor Lujan Grisham announces State-BorderPlex MOU: Santa Teresa digital infrastructure campus, $5B construction over a decade, 1,000 jobs
    “This partnership will bring 1,000 jobs to New Mexico, drive renewed investment in digital infrastructure, and spur economic growth in the region”
    Company · Feb. 2025 · grade B
  • Land purchase (recorded deed): contract value USD
    “Recorded: Jan. 27, 2025 · Grantor: SANTA TERESA LAND LLC · Grantee: BORDERPLEX DIGITAL ASSETS LLC · Address: 000 ADDRESS EXCEPTION · City: CITY EXCEPTION”
    County deed records · Jan. 2025 · grade B
  • LEDA / IRB agreements: clawback FINDING: no clawback or recapture provision was located in the agreement documents or coverage opened in this pass; executed county PDFs (1,583 pages) could not be text-extracted (see sear
    “When Commission Chairman Christopher Schaljo-Hernandez signed the final legal agreements on Oct. 30, those documents had grown to 1,583 pages”
    News report · Oct. 2026 · grade C
  • industrial revenue bonds (Ordinance 367-2025): ratepayer protection condition Project Jupiter cannot cause rates to increase for local power customers (condition cited by the Commission when the Oct 2026 El Paso Electric
    “working with El Paso Electric would require an amendment to $165 billion in industrial revenue bonds the county approved, with a condition preventing Project Jupiter from impacting utility customers' rates”
    News report · Oct. 2026 · grade C
  • electric service agreement (PROPOSED, not executed): scope Proposed ESA for late-stage construction, initial commissioning and emergency backup power only; Bloom microgrid remains primary. Announced Oct 13, 2026; not fin
    “The proposed agreement would support late-stage construction, initial commissioning, and emergency backup power at Project Jupiter”
    News report · Oct. 2026 · grade C
  • electric service agreement (PROPOSED, not executed): minimum payment 10000000 USD per year for 10 years
    “The proposed agreement with El Paso Electric would require Oracle to pay $10 million annually for 10 years, even if electricity usage falls below contracted levels”
    News report · Oct. 2026 · grade C
  • customer credit proposal (separate from ESA): bill credits Up to $55M per year in direct electricity bill credits for EPE New Mexico residential and small-business customers, for up to three years, possibly beginning 202
    “Oracle also outlined a separate proposal to provide up to $55 million annually in direct electricity bill credits for up to three years”
    News report · Oct. 2026 · grade C
  • electric service agreement (PROPOSED, not executed): condition precedent Proposal would require amending the county IRB agreements; Oracle EVP told the BOCC the proposal was not finalized and Oracle would not pursue it w
    “the proposed agreement with El Paso Electric would require amending agreements tied to the industrial revenue bonds that the Board approved in Sept. 2025”
    News report · Oct. 2026 · grade C
  • Gas transportation precedent agreement: capacity commitment 100 percent of project capacity
    “Transwestern holds a long-term, binding precedent agreement with Green Chile Ventures, an unaffiliated shipper, for 100% of the project’s capacity”
    News report · Oct. 2026 · grade C
  • Gas transportation precedent agreement: term 17.5 years
    “and deliveries will ramp up over a relatively short period of the service agreement’s 17.5-yr term”
    News report · Oct. 2026 · grade C
  • Construction financing: Approximately $18 billion construction loan from a group of about 20 banks (reported priced at SOFR + 2.5%), plus approximately $3 billion of Blue Owl equity (per Reuters reporting); the loan was
    “A group of about 20 banks provided an $18 billion loan to help fund the construction of the data center campus”
    News report · Sept. 2026 · grade C
  • Original target date: 2028
    “The notice preserves Oracle's contractual protections if the campus does not come online in 2028 as planned, Bloomberg reported”
    News report · Sept. 2026 · grade C
  • Financing: ~$18B bank construction loans (~20 banks) trading below 90 cents on the dollar (Oct 2026); ~$3B Blue Owl equity earning 9% during development USD
    “The roughly $18 billion construction loan, provided by about 20 banks, was already trading below 90 cents on the dollar”
    News report · Sept. 2026 · grade C
  • lease: termination Hell-or-high-water: Oracle cannot terminate the lease under any circumstances
    “Oracle cannot terminate the lease under any circumstances”
    News report · Sept. 2026 · grade C
  • lease: force majeure / rent deferral If a power force majeure event is agreed by both sides, Oracle may delay rent for up to 3 years; full rent remains owed over the lease term; Oracle still owes interim costs years
    “The lease on Project Jupiter is hell-or-high-water, the Wall Street Journal reports: Oracle can stall rent for up to three years, but it cannot walk away”
    News report · Sept. 2026 · grade C
  • lease: force majeure notice (event) Oracle sent a force majeure notice to Blue Owl (Sep 24, 2026) preserving its right to delay payments if the campus misses its 2028 online date; Oracle and Blue Owl state the schedule a
    “Oracle issued a force majeure notice Sept. 24 tied to Project Jupiter”
    News report · Sept. 2026 · grade C
  • lease: economics Oracle bears the debt costs; Blue Owl holds ~$3B equity earning a 9% yield during development, expected ~11% levered yield once complete
    “Blue Owl has about $3 billion of equity in the project, and Oracle pays the debt costs. During development, Blue Owl earns a 9% yield on that equity”
    News report · Sept. 2026 · grade C
  • termination / amendment: termination 2,500 MW campus capacity (press figure)
    “Should the 2.5GW data center campus, dubbed Project Jupiter, fail to come online in 2028 as planned, the cloud giant is seeking to delay the payments it would have to make, rather than forfeit its tenancy”
    News report · Sept. 2026 · grade C
  • Oracle's force majeure notice repriced project credit: ~$18B construction loan (approx. 20 banks) already trading below 90 cents; one lender sold part below 90c; Oracle CDS hit a record; ORCL fell ~4-5% on the day
    “The roughly $18 billion construction loan, provided by about 20 banks, was already trading below 90 cents on the dollar, according to Bloomberg's sources”
    News report · Sept. 2026 · grade C
  • LEDA project participation agreement: jobs floor 750 permanent full-time jobs (salaries $75,000-$100,000 as presented); 750 critical operations positions with Dona Ana Community College training enforced through the LEDA
    “Dona Ana Community College is offering training for the 750 critical operations positions that is enforced through the Local Economic Development Act agreement”
    News report · July 2026 · grade C
  • NM Attorney General opens an investigation into allegedly fraudulent public comments in the AQB 26-57 comment period (comments filed in the names of residents and elected officials without consent)
    “there have been multiple complaints from individuals and elected officials who allege comments were submitted in their names without their knowledge or consent”
    News report · July 2026 · grade C
  • industrial revenue bonds (Ordinance 367-2025): payments in lieu of taxes 12000000 USD per year
    “the county will also receive annual payments of $12 million in lieu of taxes over the next 30 years, according to the IRB agreements”
    News report · June 2026 · grade C
  • Tenant status: signed lease (Oracle, Jan 2026); end user OpenAI (AI infrastructure hosted by Oracle under Stargate)
    “Oracle will occupy the campus once construction is complete, and will use it to host AI infrastructure for OpenAI”
    News report · Jan. 2026 · grade C
  • community benefits agreement: scope / binding effect Developer's public promises (water use, donations, local commitments) moved from a non-binding MOU into a Community Benefits Agreement tied to the data-center leases,
    “language in the community benefits agreement ties those promises to leases for the data centers and appears to make them legally binding”
    News report · Oct. 2025 · grade C
  • community benefits agreement: water use cap Daily operational potable water use capped at 20,000 gal/day average and 60,000 gal/day peak (executed text adds the word potable; scope vs microgrids disputed by county offici
    “The executed community benefits agreement adds the word potable to the language, limiting the daily operational potable water use to those numbers”
    News report · Oct. 2025 · grade C
  • OpenAI, Oracle and SoftBank announce five new Stargate sites; Dona Ana County, NM is one of three Oracle sites (program context: nearly 7 GW and $400B+ across the five sites, NOT Jupiter-specific figures)
    “Three sites will be built jointly by OpenAI and Oracle in Shackelford County, Texas, Dona Ana County, New Mexico, and an undisclosed Midwest location”
    News report · Sept. 2025 · grade C
  • Incentives: County IRB authorization up to $165B (30-year property-tax exemption structure) plus LEDA 50% gross-receipts-tax share; ~$12M/yr payments in lieu of taxes
    “voted 4-1 to authorize up to $165 billion in industrial revenue bonds and to approve a related Local Economic Development Act gross-receipts tax share agreement”
    News report · Sept. 2025 · grade C
  • industrial revenue bonds (Ordinance 367-2025): authorization ceiling 165000000000 USD
    “The Dona Ana County Board of County Commissioners on Sept. 19 voted 4-1 to authorize up to $165 billion in industrial revenue bonds”
    News report · Sept. 2025 · grade C
  • industrial revenue bonds (Ordinance 367-2025): tax exemption term 30-year property tax exemption via IRB structure years
    “issuance of $165 billion in industrial revenue bonds over 30 years”
    News report · Sept. 2025 · grade C
  • LEDA project participation agreement: gross receipts tax share 50 % of gross receipts tax revenue
    “a Local Economic Development Act agreement that would allocate 50% of gross receipt tax revenue toward the project”
    News report · Sept. 2025 · grade C
  • memorandum of understanding: regulatory treatment MOU allows the microgrid to operate without being regulated as a public utility so long as it powers only the facility; gas/nuclear generation may qualify as zero carbon
    “Gov. Michelle Lujan Grisham's administration signed a memorandum of understanding with the company earlier this year allowing the microgrid to operate without being regulated as a public utility”
    News report · Aug. 2025 · grade C
Permits and government (50)
  • Draft Permit Part A and draft Statement of Basis (version 7.29.2026) posted for : draft permit and draft statement of basis published
    “Draft Permit Part A - English Draft Version 7.29.2026”
    State agency · July 2026 · grade A
  • air quality construction permit (NSR): scheduling order issued
    “The public hearing will begin at 9:00 a.m. on Monday, October 19, 2026, and continue as necessary”
    State agency · July 2026 · grade A
  • air quality construction permit (NSR): docketed; hearing officer appointed
    “This matter comes before the Hearing Officer pursuant to the Notice of Docketing, Appointment of Hearing Officer, and Delegation of Final Decision Authority filed on July 2, 2026”
    State agency · July 2026 · grade A
  • AQB completion letter and public notice for Application 10883 (English and Spani: application ruled complete; public notice issued
    “Completion letter and Public Notice - English”
    State agency · May 2026 · grade A
  • Air permit number: NSR 10883
    “Application 10883 - 4.27.26”
    State agency · April 2026 · grade A
  • New Source Review application by Yucca Growth Infrastructure LLC for the YGI Mic: application submitted
    “Application 10883 - 4.27.26”
    State agency · April 2026 · grade A
  • IRB/abatement ordinance, Ordinance authorizing Doña Ana County taxable industri: adopted
    “issued and secured pursuant to County Ordinance No. 367-2025, duly adopted by the Board of County Commissioners on September 19, 2025”
    Local government · Nov. 2025 · grade A
  • FERC filing (gas pipeline lateral: protested
    “Transwestern proposes to construct and operate approximately a 17.77-mile-long, 24-inch-diameter, natural gas transmission pipeline lateral, two metering facilities, and appurtenances for the Green Chile Project”
    State agency · Oct. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-15989-OE: Project Miner - Dona Ana County NM, Mobile Crane, 350 ft AGL, 4464 ft AMSL, 31.82452,-106.67432, Determined - No Hazard, submitted 2026-09-29”
    FAA · Sept. 2026 · grade B
  • Tallest structure filed with the FAA (ft): 60 ft
    “ASN 2026-ASW-14687-OE: Project Miner - Dona Ana County NM, Commercial Use Building, 60 ft AGL, 4175 ft AMSL, 31.82339,-106.68434, Determined - No Hazard, submitted 2026-09-10”
    FAA · Sept. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-14687-OE: Project Miner - Dona Ana County NM, Commercial Use Building, 60 ft AGL, 4175 ft AMSL, 31.82339,-106.68434, Determined - No Hazard, submitted 2026-09-10”
    FAA · Sept. 2026 · grade B
  • water (emergency well change of use): emergency approval challenged
    “the Office of the State Engineer's (OSE) two-day approval of an application that allowed Santa Teresa Capital, LLC to repurpose an existing agricultural well”
    State agency · Sept. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-10078-OE: Project Miner - Dona Ana County NM, Commercial Use Building, 60 ft AGL, 4175 ft AMSL, 31.82339,-106.68434, Determined - No Hazard, submitted 2026-07-17”
    FAA · July 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ASW-9499-OE: Project Miner - Dona Ana County NM, Mobile Crane, 309 ft AGL, 4424 ft AMSL, 31.82339,-106.68434, Determined - No Hazard, submitted 2026-07-17”
    FAA · July 2026 · grade B
  • FAA OE/AAA filings under the campus construction code name 'Project Miner' evidence vertical construction at Project Jupiter from Jul 2026: two 60-ft commercial buildings and mobile cranes of 309 ft (July 17, 2026) and 350
    “ASN 2026-ASW-9499-OE: Project Miner - Dona Ana County NM, Mobile Crane, 309 ft AGL, 4424 ft AMSL, 31.82339,-106.68434, Determined - No Hazard, submitted 2026-07-17”
    FAA · July 2026 · grade B
  • Air permit application: NMED Air Quality Construction Permit Application 10883 (Yucca Growth Infrastructure LLC, filed April 2026) for the Project Jupiter power plant; NMED decision deadline Nov. 23, 2026
    “Re: Air Quality Construction Permit Application 10883 for Project Jupiter Power Plant by Yucca Growth Infrastructure, LLC”
    State agency · July 2026 · grade B
  • gas pipeline certificate (blanket authorization): application filed
    “On January 29, an affiliate of Energy Transfer applied for blanket authorization to build 18 miles of 24-inch diameter natural gas pipeline (which it calls Green Chile)”
    State agency · Jan. 2026 · grade B
  • Developer: BorderPlex Digital Assets LLC; STACK Infrastructure
    “STACK is collaborating with BorderPlex Digital Assets (BorderPlex), a growth infrastructure company, on the project”
    Company · Aug. 2025 · grade B
  • Name: Project Jupiter
    “BorderPlex Digital's first integrated Digital Infrastructure Campus will be constructed in Santa Teresa”
    Company · Feb. 2025 · grade B
  • Announced: Feb. 25, 2025
    “Gov. Michelle Lujan Grisham announced today a partnership with BorderPlex Digital Assets, LLC”
    Company · Feb. 2025 · grade B
  • air quality construction permit (NSR): statutory decision deadline
    “state law dictates a timeline that requires the New Mexico Environment Department to issue its ruling on or before Nov. 23”
    News report · Oct. 2026 · grade C
  • gas pipeline certificate (blanket authorization): in-service date slipped
    “The gas line meant to feed it has slipped to a February 2027 in-service target, and federal regulators have yet to authorize construction”
    News report · Oct. 2026 · grade C
  • air quality construction permit (NSR): application supplement filed (operating cap)
    “A proposed permit condition that limits the megawatts of operating output of the fuel cells. Project Jupiter's planned data center IT capacity remains unchanged”
    News report · Oct. 2026 · grade C
  • air quality construction permit (NSR): motion to dismiss filed (hearing Oct 26, 2026)
    “NEE, a Santa Fe based environmental group on Oct. 14 filed a motion to dismiss Yucca Growth Infrastructure's air quality permit application”
    News report · Oct. 2026 · grade C
  • YGI files an air-permit supplement with an enforceable operating cap (criteria pollutants -35%; GHG ~8.8M to ~5.7M t/yr) and commits to 100% carbon-free energy matching by 2031 and an independently verified environmental
    “Oracle has also committed to 100% carbon-free energy matching for Project Jupiter by 2031 and to meeting New Mexico's Energy Transition Act goals before 2045”
    News report · Oct. 2026 · grade C
  • Dona Ana County Board of County Commissioners: Oracle's third update presentation; surprise announcement of the proposed El Paso Electric ESA ($10M/yr x 10 yrs) and up to $55M/yr customer credits; Oracle EVP said the pro
    “Oracle executive walks back surprise El Paso Electric agreement”
    News report · Oct. 2026 · grade C
  • air quality construction permit (NSR): hearing officer replaced
    “In a Oct. 2 order, NMED Cabinet Secretary James Kenney appointed retired Federal Judge James O. Browning to oversee the permit process for Yucca Growth Infrastructure LLC”
    News report · Oct. 2026 · grade C
  • air quality construction permit (NSR): stays lifted; petitions denied
    “On Sept. 16, 2026, the state's high court denied a petition filed by the New Energy Economy against Project Jupiter developer Yucca Growth Infrastructure's air quality permit application”
    News report · Sept. 2026 · grade C
  • New Mexico Supreme Court lifted key stays on the project's permits on Sep 17, 2026, allowing construction to formally proceed (per reporting)
    “the New Mexico Supreme Court lifted key stays on the project's permits, allowing construction to formally proceed”
    News report · Sept. 2026 · grade C
  • Microgrid Oversight Act (SB 235), which would have given the PRC authority over large microgrids, died in the House in the 2026 session; a 2025 HB 93 floor amendment lets qualifying microgrids avoid Energy Transition Act
    “The Microgrid Oversight Act (Senate Bill 235), which critics of the project say would have provided key regulations on data centers, died in the House during the 2026 state legislative session”
    News report · Aug. 2026 · grade C
  • air quality construction permit (NSR): proceedings stayed
    “In August the court issued two unanimous orders that paused the air quality permit hearing before the New Mexico Environment Department and stopped water use from an emergency well at the construction site”
    News report · Aug. 2026 · grade C
  • air quality construction permit (NSR): discovery denied
    “a hearing officer for Project Jupiter's application for an air quality permit denied discovery Wednesday, Aug. 12”
    News report · Aug. 2026 · grade C
  • State senators Hamblen, Cervantes, Soules and Steinborn (public listening session, NMSU): Project Jupiter listening session: nearly 400 residents attended; 30+ speakers, predominantly opposed (water, air pollution, job n
    “A Project Jupiter listening session hosted by four New Mexico Democrats drew nearly 400 residents on the New Mexico State University campus on Aug. 11”
    News report · Aug. 2026 · grade C
  • air quality construction permit (NSR): draft statement of basis issued
    “The department's July 29 draft statement of basis reduced that figure to 8,820,970 tons annually after rejecting a 15% safety factor included in the applicant's calculations”
    News report · July 2026 · grade C
  • air quality construction permit (NSR): hearing rescheduled earlier
    “I find that the best interests of all of the parties will be best served if the hearing in this case begins on September 14, 2026”
    News report · July 2026 · grade C
  • Dona Ana County Board of County Commissioners: Project Jupiter representatives presented updates on the data center under construction at Santa Teresa Industrial Park (scheduled per agenda)
    “Project Jupiter representatives are expected to make a presentation and provide updates regarding the data center currently under construction at the Santa Teresa Industrial Park”
    News report · July 2026 · grade C
  • state land right-of-way: reconsideration DENIED
    “the State Land Office's July 14, 2026, letter rejects the company's request to reconsider an earlier denial”
    News report · July 2026 · grade C
  • Dona Ana County Board of County Commissioners: Project Jupiter update: County Economic Development Director Denisse Carter reported 2,200 construction jobs at the site with over 20% to New Mexico residents; 750 LEDA-enfo
    “County Economic Development Department Director Denisse Carter said that there have been 2,200 construction jobs at the site with over 20% of the jobs going to New Mexico residents”
    News report · July 2026 · grade C
  • air quality construction permit (NSR): public comment period closed; AG investigation opened
    “The New Mexico Attorney General launched an investigation into alleged fraudulent comments made during the public comment period in the course of the air quality permit application”
    News report · July 2026 · grade C
  • Dona Ana County Board of County Commissioners: Resolution directing county staff and two commissioners to seek clarification and updated information on Project Jupiter, review proposed project changes, and report finding
    “The County adopted a resolution in April that directed County staff and two commissioners to seek clarification and provide updated information regarding Project Jupiter”
    News report · April 2026 · grade C
  • air quality construction permit (NSR): application filed
    “The Project Jupiter developer withdrew its previous two air-quality permit applications with the New Mexico Environment Department, or NMED, and filed a new application April 27”
    News report · April 2026 · grade C
  • air quality permit (ORIGINAL, superseded): withdrawn
    “The Project Jupiter developer withdrew its previous two air-quality permit applications with the New Mexico Environment Department, or NMED, and filed a new application April 27”
    News report · April 2026 · grade C
  • state land right-of-way: reconsideration requested
    “On April 2 Energy Transfer asked the Land Office to reconsider its March 20 rejection of two rights of way and a business lease”
    News report · April 2026 · grade C
  • state land right-of-way: DENIED
    “The State Land Office sent a letter on March 20 denying Energy Transfer's application and barred construction”
    News report · March 2026 · grade C
  • Operator: STACK Infrastructure (building and will operate the complex for BorderPlex)
    “Denver's Stack Infrastructure, which is building and will operate the complex for BorderPlex, did not respond”
    News report · March 2026 · grade C
  • state land right-of-way: application filed
    “The Feb. 14 application requested a 5-year lease for 0.63 miles of state trust lands”
    News report · Feb. 2026 · grade C
  • air quality permit (ORIGINAL, superseded): deemed incomplete
    “the New Mexico Environment Department (NMED) deemed initial air quality permit applications incomplete in December, citing concerns over nitrogen oxides emissions”
    News report · Dec. 2025 · grade C
  • air quality permit (ORIGINAL, superseded): applications filed
    “Acoma LLC filed the air-permit applications for the microgrids in late 2025 and updated them in January”
    News report · Dec. 2025 · grade C
  • Dona Ana County Board of County Commissioners: Final votes: ordinance authorizing up to $165B in taxable industrial revenue bonds (Ordinance 367-2025) and LEDA gross-receipts tax share agreement, after 3+ hours of public
    “The Dona Ana County Board of County Commissioners on Sept. 19 voted 4-1 to authorize up to $165 billion in industrial revenue bonds”
    News report · Sept. 2025 · grade C
  • Dona Ana County Board of County Commissioners: Inducement stage: advanced ordinances authorizing $165B in IRBs and qualifying Project Jupiter for LEDA; set Sept 19, 2025 public hearing and final vote
    “The commission voted 4-1 to move forward with ordinances authorizing $165 billion in industrial revenue bonds and qualifying the project for state LEDA funds”
    News report · Aug. 2025 · grade C
Legal (4)
  • NMFOG v. Dona Ana County BOCC and Records Custodian, No. D-307-CV-2026-01788 (3rd Judicial District): IPRA complaint over denied access to Project Jupiter emails and OMA-violation communications
    “NEW MEXICO FOUNDATION FOR OPEN GOVERNMENT, Plaintiff, D-307-CV-2026-01788 v. DOÑA ANA COUNTY BOARD OF COMMISSIONERS”
    Court filing · June 2026 · grade B
  • Judge Jennifer DeLaney (3rd Judicial District) denies the County's motion to dismiss the NMELC IRB/LEDA lawsuit, the challenge to the $165B incentive approvals proceeds
    “Judge Jennifer DeLaney today denied Dona Ana County Commission's motion to dismiss NMELC's lawsuit against the County for its approval of tax incentives for Project Jupiter”
    News report · March 2026 · grade C
  • NMELC files a second suit against the BOCC alleging Open Meetings Act violations at the Sept 19, 2025 meeting (unlawfully closed session); FOG separately asserts the IRB documents are invalid
    “NMELC FILES LAWSUIT AGAINST DOÑA ANA COUNTY COMMISSION FOR OPEN MEETING ACT VIOLATIONS COMMITTED DURING SEPTEMBER 19 PUBLIC HEARING ON PROJECT JUPITER”
    News report · Feb. 2026 · grade C
  • Empowerment Congress of Dona Ana County and two residents sue the BOCC (NMELC counsel), alleging the IRB approval lacked required information/evidence and a data center is not LEDA-eligible
    “the Empowerment Congress of Dona Ana County - a nonprofit organization - and two residents sued the Dona Ana County Commission”
    News report · Oct. 2025 · grade C
Site and other (9)
  • Development stage: Under construction; vertical construction under way, campus over 30% complete per developer statements at Oct. 13, 2026 media tour
    “Executives from Project Jupiter developers Oracle and STACK Infrastructure hosted area media for a tour of the construction site in Santa Teresa on Oct. 13”
    News report · Oct. 2026 · grade C
  • Current target date: 2028 (unchanged per Oracle and Blue Owl statements despite the Sep 2026 force majeure notice)
    “Project Jupiter remains on our planned schedule, Oracle Vice President Michael Egbert told ENR in a written statement”
    News report · Sept. 2026 · grade C
  • Workforce estimate: 3600 workers on site
    “more than 3,600 construction workers are on site”
    News report · Sept. 2026 · grade C
  • STACK Infrastructure advertised multiple Santa Teresa, NM construction roles (Project Manager - Construction; Senior Project Manager - Construction; VP MEP & OFCI Program; Critical Operations Director/Technician), with p
    “Location: Santa Teresa, NM”
    News report · Feb. 2026 · grade C
  • Buildings: 4 buildings
    “the campus will span 1,400 acres with four data center buildings”
    News report · Jan. 2026 · grade C
  • Cooling: closed-loop, non-evaporative (one-time water fill)
    “the data center will be using a closed-loop, non-evaporative cooling system that will not draw water from the local water system”
    News report · Jan. 2026 · grade C
  • Aliases: Stargate Project Jupiter; Santa Teresa Stargate campus
    “Three sites will be built jointly by OpenAI and Oracle in Shackelford County, Texas, Dona Ana County, New Mexico, and an undisclosed Midwest location”
    News report · Sept. 2025 · grade C
  • Address: Santa Teresa Industrial Park, near Pete Domenici Highway and NM Highway 136, outside Sunland Park, Dona Ana County, NM
    “the site will be located near Pete Domenici Highway and New Mexico Highway 136, outside Sunland Park”
    News report · Aug. 2025 · grade C
  • Owner companies: Yucca Growth Infrastructure LLC; Red Chiles A LLC; Red Chiles B LLC; Red Chiles C LLC; Red Chiles D LLC; Green Chile Ventures LLC (IRB project companies named in county inducement resolution; SAC III Acq
    “six other companies, which are all incorporated in Delaware, are named: Yucca Growth Infrastructure, Red Chiles A, Red Chiles B, Red Chiles C, Red Chiles D, and Green Chile Ventures”
    News report · Aug. 2025 · grade C

Imagery and records: Satellite imagery: Maxar via Esri World Imagery Wayback; Sentinel-2 (ESA Copernicus). County deeds: ATTOM.