Project Kilby Power Facility

Co-located Energy Forge One generation facility contracted to serve Microsoft Pecos; generation capacity is not campus IT capacity. Project Kilby Power Facility is located in Pecos area, TX, US and is a generation site in preconstruction status. Participants include Energy Forge One LLC as developer, Microsoft as customer. Published specifications include 2.67 GW of onsite generation nameplate. Development comprises Project Kilby generation build (preconstruction). Key milestones include Project Kilby targets final investment decision by year-end 2026 (2026-12-31) and Project Kilby targets first power in 2028 (2028-01-01). natural gas generation — 2.67 GW: Phased modular generation; FID pending and first power targeted 2028. Permitting includes Texas JETI incentive application for Project Kilby / Energy Forge One (application submitted). Capital records include 20-year power purchase agreement for Long-term power agreement between Energy Forge One and Microsoft; price and committed offtake undisclosed.