Project Matador Data Center Campus

Texas Panhandle near Amarillo, Texas, United StatesPreconstruction

Headline capacity: Not established in published records
Updated: Oct 28, 2026

On August 10, 2026, Fermi announced its first binding TensorWave lease for 222 MW of total facility power, with phased delivery targeted from the second half of 2027 and an initial 15-year term. The transaction remains subject to project guarantees and financing; closing and satisfaction of the separate Texas Tech conditions are not established. The 222 MW figure is total facility power, not IT load, and expansion rights are not additional committed capacity. 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 with site development underway and phased powered-shell delivery targeted.

Capacity

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

Preliminary site developmentUnder construction

Does not constitute vertical powered-shell construction.

First powered-shell campusAnnounced or preconstruction

At least 200 MW tenant condition disclosed.

Milestones (4)

Preliminary site development began

2025 · Recorded actual event

Completed · Event type not stated

Source not linked

Prospective tenant terminated unfunded AIAC

Dec 11, 2025 · Recorded actual event

Completed · Event type not stated

Source not linked

Qualifying tenant lease and TTU notice condition

Dec 31, 2026 · Forecast / planned record

Forecast · Event type not stated

Source not linked

First powered shell target

2027 · Forecast / planned record

Forecast · Event type not stated

Source not linked

Participants

Fermi Inc.

Developer

Sources by role

Developer (1)

Fermi Form 10-Q for quarter ended March 31, 2026 · May 14, 2026 · Primary

Texas Tech University System

Landowner

Sources by role

Landowner (1)

Fermi Form 10-Q for quarter ended March 31, 2026 · May 14, 2026 · Primary

Capital & incentives

Capital claims

Phase zero one incremental capex over

Actual

$3 billion

Source

Incentives

Property tax abatement

for 10 years

Approved · Carson County

Project Matador reinvestment zone and 10-year abatement; rate and eligible property basis not disclosed in filing summary.

Site & development

Leased site area

Actual

5,236 acres

Source

Expanded site area expected

Actual

7,570 acres

Source

Preliminary site development started

Actual

2025

Source

Vertical construction requires definitive tenant lease

Actual

True

Source

Technical specifications

First powered shell operations target

Actual

2027

Source

Additional project facts

Planned compute space

Actual

15 million square feet

Source

Ttus notice to proceed required

Actual

True

Source

Infrastructure & permits

Technical details (2)

Water supply

Under construction

Groundwater leases disclosed; sustainable yield and tenant allocation remain open.

Fiber

Planned or represented

High-capacity fiber described; carrier and lit-service evidence remain open.

Public-source research. Plans may change. See Evidence for sources and qualifications.

Related projects (1)

Project Matador HyperGrid Power Site

Under construction · Texas Panhandle near Amarillo, Texas, United States

Same locality: Texas Panhandle near Amarillo · Shared participant: Fermi Inc.

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