Project Matador ("HyperGrid")

Under construction

Carson County (Amarillo), TX · USA

ColocationOwned

Project Matador ("HyperGrid") — no photo yet

Active (IT load)—

In build (IT load, excl. active)—

Theoretical (gross)17,000 MW

Deals · TensorWave - 08/2026 (222 MW gross)

Blocks (1)*

Block	Deal	Current / targetdelivered share	Status	Schedule**	Cooling	Misc	Est. Capacity - EoY 2028IT load	Est. Capacity - EoY 2030IT load
Phase 1	—	—	Speculative	Energization · 2026Delivery start · Jul 1, 2026	—	—	—	—

Financings (2)

Fermi subsidiary enters up to $165 million Beal turbine equipment loan$0.2B · Mar 26, 2026

Fermi subsidiary enters $120 million Keystone equipment warehouse credit facility$0.1B · Feb 19, 2026

*Blocks follow a site's build-out over time; an expansion is a new block. A deal can span several blocks — picking a deal in the form prefills its remaining contracted capacity, net of what its other blocks already target. Power figures are recorded on the basis the source reported, IT load and/or gross.

**A block's capacity is taken to come online at its delivery end date (the actual date when one is recorded, otherwise the target); failing that at its delivery start date; failing that one year after its energization target. That resolved date is what the capacity estimates on the Sites & Capacity tab use.

*** Converted from the other basis with the PUE common metric (currently 1.4), because the blocks do not all state this one.