Project Matador Data Center Campus

Project Matador's data center component is a tenant-gated powered-shell campus on Texas Tech-controlled land. Project Matador Data Center Campus is located in Texas Panhandle near Amarillo, TX, US and is a data center campus in preconstruction status. Participants include Fermi Inc. as developer, Texas Tech University System as landowner. Published specifications include 200 MW of stated capacity. Development comprises Preliminary site development (construction), First powered-shell campus (preconstruction). Key milestones include Qualifying tenant lease and TTU notice condition (2026-12-31) and First powered shell target (2027-12-31). water supply: Groundwater leases disclosed; sustainable yield and tenant allocation remain open. fiber backhaul: High-capacity fiber described; carrier and lit-service evidence remain open. Incentives include property tax abatement (approved) for Project Matador reinvestment zone and 10-year abatement; rate and eligible property basis not disclosed in filing summary.