Skip to content
← Return to profile

Cartis diligence evidence schedule

Galaxy Helios Data Center Campus

PRJ-0102 · Site · Dickens County, Texas, United States

Captured 2026-09-06T04:12:49.915Z · Record last updated 2026-08-24

SHA-256: fba866e965764f09d5b8716d2b63c0dc7f10956db82cd3f194b68dfbe2524fcf

Save a diligence baseline

Download the public evidence as it appears now. Compare a previously saved snapshot to see added, removed and changed claims, counterparties, financing and milestones. Files are read in this browser and are not uploaded.

The fingerprint detects file changes; it is not a digital signature or a claim of independently verified authenticity. Keep your downloaded copy with the transaction file.

Scope and capacity

Galaxy's Helios campus in Dickens County has delivered its first 200-MW phase to CoreWeave and is building additional phases under long-term leases. Galaxy Helios Data Center Campus is in Dickens County, TX, US and is a data center campus with partially operational status.

Headline: 800 MW Contracted

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Gross Power Capacity · 200 MW

actual · Phase I (phase)

Claim 10947 · Review: Approved · Claim date: 2026-07-06T00:00:00+00:00

Headline treatment: Phase scope; not a whole-site figure

  1. Galaxy announces second quarter 2026 financial results

    Galaxy Digital · Document date: 2026-07-28 · Corroborating

    https://investor.galaxy.com/news-releases/news-release-details/galaxy-announces-second-quarter-2026-financial-results
  2. Galaxy completes Phase I of its Helios data center campus

    Galaxy Digital · Document date: 2026-07-06 · Primary

    https://www.galaxy.com/newsroom/galaxy-completes-phase-i-of-its-helios-data-center-campus
  3. Galaxy public hearing notice

    Dickens County, Texas · Document date: 2026-05-11 · Corroborating

    https://www.co.dickens.tx.us/upload/page/1674/Galaxy%20Public%20Hearing%2051126.pdf
  4. Galaxy completes ERCOT interconnection studies and secures additional power capacity

    Galaxy Digital · Document date: 2026-01-15 · Corroborating

    https://investor.galaxy.com/news-releases/news-release-details/galaxy-completes-ercot-interconnection-studies-and-secures
  5. Galaxy closes Helios project financing

    Galaxy Digital · Document date: 2025-08-15 · Corroborating

    https://www.galaxy.com/newsroom/galaxy-closes-helios-project-financing
  6. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Corroborating

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave
  7. Dickens County Chapter 312 agreement

    Texas Comptroller / Dickens County · Document date: 2023-01-01 · Corroborating

    https://assets.comptroller.texas.gov/open-data/ch312/ch312-contact/000009782.pdf
  8. Galaxy to acquire Helios Bitcoin mining facility from Argo Blockchain

    Galaxy Digital · Document date: 2022-12-28 · Corroborating

    https://www.galaxy.com/newsroom/galaxy-to-acquire-helios-bitcoin-mining-facility-from-argo-blockchain
  9. Helios sale to Galaxy

    Argo Blockchain · Document date: 2022-12-28 · Corroborating

    https://www.argoblockchain.com/news-room/2022-december-helios-sale-to-galaxy
  10. Data centers

    Galaxy Digital · Document date: Not published · Corroborating

    https://www.galaxy.com/data-centers

Critical It Capacity · 133 MW

actual · Phase I (phase)

Claim 10948 · Review: Approved · Claim date: 2026-07-06T00:00:00+00:00

Headline treatment: Phase scope; not a whole-site figure

  1. Galaxy completes Phase I of its Helios data center campus

    Galaxy Digital · Document date: 2026-07-06 · Primary

    https://www.galaxy.com/newsroom/galaxy-completes-phase-i-of-its-helios-data-center-campus

Planned Gross Power Capacity · 400 MW

Planned / design or future potential · Phase II (phase)

Claim 10949 · Review: Approved · Claim date: 2026-07-06T00:00:00+00:00

Headline treatment: Phase scope; not a whole-site figure

  1. Galaxy completes Phase I of its Helios data center campus

    Galaxy Digital · Document date: 2026-07-06 · Primary

    https://www.galaxy.com/newsroom/galaxy-completes-phase-i-of-its-helios-data-center-campus
  2. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Corroborating

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave

Planned Critical It Capacity · 260 MW

Planned / design or future potential · Phase II (phase)

Claim 10950 · Review: Approved · Claim date: 2026-07-06T00:00:00+00:00

Headline treatment: Phase scope; not a whole-site figure

  1. Galaxy completes Phase I of its Helios data center campus

    Galaxy Digital · Document date: 2026-07-06 · Primary

    https://www.galaxy.com/newsroom/galaxy-completes-phase-i-of-its-helios-data-center-campus
  2. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Corroborating

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave

Planned Gross Power Capacity · 200 MW

Planned / design or future potential · Phase III (phase)

Claim 10951 · Review: Approved · Claim date: 2026-07-06T00:00:00+00:00

Headline treatment: Phase scope; not a whole-site figure

  1. Galaxy completes Phase I of its Helios data center campus

    Galaxy Digital · Document date: 2026-07-06 · Primary

    https://www.galaxy.com/newsroom/galaxy-completes-phase-i-of-its-helios-data-center-campus

Coreweave Contracted Gross Capacity · 800 MW

actual · Galaxy Helios Data Center Campus (project)

Claim 10952 · Review: Approved · Claim date: 2025-08-15T00:00:00+00:00

Headline treatment: Selected headline

  1. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Primary

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave

Coreweave Contracted Critical It Capacity · 526 MW

actual · Galaxy Helios Data Center Campus (project)

Claim 10953 · Review: Approved · Claim date: 2025-08-15T00:00:00+00:00

Headline treatment: Separate claim, not added to the headline

  1. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Primary

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave

Approved Power Capacity · 1,600 MW more than

actual · Galaxy Helios Data Center Campus (project)

Claim 10954 · Review: Approved · Claim date: 2026-01-15T00:00:00+00:00

Headline treatment: Separate claim, not added to the headline

  1. Galaxy completes ERCOT interconnection studies and secures additional power capacity

    Galaxy Digital · Document date: 2026-01-15 · Primary

    https://investor.galaxy.com/news-releases/news-release-details/galaxy-completes-ercot-interconnection-studies-and-secures

Long Term Power Potential · 3,500 MW

Planned / design or future potential · Galaxy Helios Data Center Campus (project)

Claim 10955 · Review: Approved · Claim date: Not published

Headline treatment: Separate claim, not added to the headline

  1. Data centers

    Galaxy Digital · Document date: Not published · Primary

    https://www.galaxy.com/data-centers

Coreweave Lease Term · 15 years

actual · Galaxy Helios Data Center Campus (project)

Claim 10956 · Review: Approved · Claim date: 2025-08-15T00:00:00+00:00

  1. Galaxy announces additional commitment with CoreWeave

    Galaxy Digital · Document date: 2025-08-15 · Primary

    https://www.galaxy.com/newsroom/galaxy-announces-commitment-with-coreweave

Site Area · 2,200 acres more than

actual · Galaxy Helios Data Center Campus (project)

Claim 10957 · Review: Approved · Claim date: Not published

  1. Data centers

    Galaxy Digital · Document date: Not published · Primary

    https://www.galaxy.com/data-centers

Counterparties and capital

AEP Texas · Utility Provider · CMP-0384

Argo Blockchain · Owner · CMP-0382

CoreWeave · Customer, Tenant · CMP-0099

Deutsche Bank · Lender · CMP-0383

Electric Reliability Council of Texas · Utility Provider · CMP-0366

Galaxy Digital · Developer, Operator, Owner · CMP-0381

Wind Energy Transmission Texas · Utility Provider · CMP-0385

Commercial Contract

$65,000,000 · 2022-12-28

Galaxy acquisition of Helios from Argo Blockchain.

Argo Blockchain (Other) · Galaxy Digital (Other)

Financing record 46; claim-specific source links appear in the exhibit sources where published.

Debt Financing

$1,400,000,000 · 2025-08-15

Phase I project financing led by Deutsche Bank; reported 80% loan-to-cost and 36-month tenor.

Deutsche Bank (Lender) · Galaxy Helios I LLC (Borrower)

Financing record 47; claim-specific source links appear in the exhibit sources where published.

Equity Investment

$350,000,000 · 2025-08-15

Galaxy equity contribution for Phase I financing package.

Galaxy Digital (Sponsor)

Financing record 48; claim-specific source links appear in the exhibit sources where published.

Debt Financing

$3,500,000,000 · 2026-07-28

Phase II financing through $3.5 billion of senior secured notes due 2031.

Galaxy Helios Data Centers II LLC (Borrower)

Financing record 49; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed. Downloaded snapshots are retained by you; Cartis does not archive them automatically.