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Cartis diligence evidence schedule

Stargate Doña Ana County Campus

PRJ-0619 · Site · Doña Ana County, New Mexico, United States

Record last updated Oct 28, 2026

Scope and capacity

Doña Ana County’s current Project Jupiter information forecasts initial operations in the fourth quarter of 2026 and Phase 1, including its microgrid, in the third quarter of 2028. These county forecasts do not confirm an achieved opening. The Stargate development in Doña Ana County, New Mexico is proceeding through county financing and environmental approvals under the Project Jupiter framework. The campus plan includes Oracle and related project entities, while a revised power plan proposes large-scale on-site fuel-cell generation. Those generation figures are separate from operating IT capacity, which has not been publicly disclosed.

Headline: Not established in published records

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

Jump to a claim (19)

Location context · Stargate site | Doña Ana County | New Mexico | United States

Actual · Stargate Doña Ana County Campus (Project)

Claim 54785 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

Lifecycle status · Preconstruction

Actual · Stargate Doña Ana County Campus (Project)

Claim 54786 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

Project identity · Stargate Doña Ana County Campus

Actual · Stargate Doña Ana County Campus (Project)

Claim 119708 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Lifecycle status · Development program

Actual · Stargate Doña Ana County Campus (Project)

Claim 119709 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Location · Doña Ana County, Doña Ana County, NM, US

Actual · Stargate Doña Ana County Campus (Project)

Claim 119710 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Participant roles · OpenAI, Oracle

Actual · Stargate Doña Ana County Campus (Project)

Claim 119711 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Development scale · The Stargate development in Doña Ana County, New Mexico is proceeding through county financing and environmental approvals under the Project Jupiter framework. The campus plan includes Oracle and related project entities, while a revised power plan proposes large scale on site fuel cell generation

Actual · Stargate Doña Ana County Campus (Project)

Claim 119713 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Infrastructure · Those generation figures are separate from operating IT capacity, which has not been publicly disclosed.

Actual · Stargate Doña Ana County Campus (Project)

Claim 119714 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites

    OpenAI · Document date: Sep 23, 2025 · Primary

    Source reference: SRC-2965 · Company announcement · Recorded authority: Party primary

    Source URL

    https://openai.com/index/five-new-stargate-sites/

  2. Executed industrial revenue bond documents for Project Jupiter

    Doña Ana County, New Mexico · Document date: Jan 1, 2025 · Corroborating

    Source reference: SRC-6556 · Government record · Recorded authority: Official primary

    Source URL

    https://cms2.revize.com/revize/donaanacounty/Documents/About%20Us/Economic%20Development%20Projects/IRB%20Series%202025A%20-%20Executed%20%26%20Recorded.pdf?t=202606101848290

Minimum initial investment · $50,000,000,000

Committed minimum · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-011 · Recorded claim type: Committed minimum · Review: Approved · Claim date: Sep 19, 2025

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

  2. Doña Ana County approves historic IRB for $165 billion

    Doña Ana County · Document date: Sep 19, 2025 · Supports

    Source reference: JUP-02 · Government primary

    Source URL

    https://www.donaana.gov/news_detail_T7_R35.php

Maximum irb authority · $165,000,000,000

Authorized ceiling over 30 years · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-012 · Recorded claim type: Authorized ceiling over 30 years · Review: Approved · Claim date: Sep 19, 2025

  1. Doña Ana County approves historic IRB for $165 billion

    Doña Ana County · Document date: Sep 19, 2025 · Supports

    Source reference: JUP-02 · Government primary

    Source URL

    https://www.donaana.gov/news_detail_T7_R35.php

  2. Executed Project Jupiter community benefits agreement

    Doña Ana County · Document date: Apr 1, 2026 · Supports

    Source reference: JUP-04 · Government primary

    Source URL

    https://www.donaana.gov/Documents/About%20Us/Economic%20Development%20Projects/Community%20Benefits%20Agreement%20%28CBA%29%20Executed.pdf?t=202606221848480

Construction jobs · 2,500 jobs

Forecast 2025 2028 · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-013 · Recorded claim type: Forecast 2025 2028 · Review: Approved · Claim date: Sep 19, 2025

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

Full time jobs · 750+ jobs

Binding commitment · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-014 · Recorded claim type: Binding commitment · Review: Approved · Claim date: Sep 19, 2025

  1. Doña Ana County approves historic IRB for $165 billion

    Doña Ana County · Document date: Sep 19, 2025 · Supports

    Source reference: JUP-02 · Government primary

    Source URL

    https://www.donaana.gov/news_detail_T7_R35.php

  2. Executed Project Jupiter memorandum of understanding

    Doña Ana County · Document date: Sep 1, 2025 · Supports

    Source reference: JUP-03 · Government primary

    Source URL

    https://www.donaana.gov/Documents/About%20Us/Economic%20Development%20Projects/Executed%20Memorandum%20of%20Understanding%20%28MOU%29.pdf?t=202606101845210

Part time jobs · 50+ jobs

Binding commitment · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-015 · Recorded claim type: Binding commitment · Review: Approved · Claim date: Sep 19, 2025

  1. Doña Ana County approves historic IRB for $165 billion

    Doña Ana County · Document date: Sep 19, 2025 · Supports

    Source reference: JUP-02 · Government primary

    Source URL

    https://www.donaana.gov/news_detail_T7_R35.php

  2. Executed Project Jupiter memorandum of understanding

    Doña Ana County · Document date: Sep 1, 2025 · Supports

    Source reference: JUP-03 · Government primary

    Source URL

    https://www.donaana.gov/Documents/About%20Us/Economic%20Development%20Projects/Executed%20Memorandum%20of%20Understanding%20%28MOU%29.pdf?t=202606101845210

Phase 1 area · 400 acres

Planned · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-016 · Recorded claim type: Planned · Review: Approved · Claim date: Jan 6, 2026

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

Initial operations · 2026-Q4 period

Forecast · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-017 · Recorded claim type: Forecast · Review: Approved · Claim date: Jan 6, 2026

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

Phase 1 completion · 2028-Q3 period

Forecast · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-018 · Recorded claim type: Forecast · Review: Approved · Claim date: Jan 6, 2026

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

Average operational water · 20,000 gallons/day

Full buildout commitment · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-019 · Recorded claim type: Full buildout commitment · Review: Approved · Claim date: Sep 1, 2025

  1. Executed Project Jupiter memorandum of understanding

    Doña Ana County · Document date: Sep 1, 2025 · Supports

    Source reference: JUP-03 · Government primary

    Source URL

    https://www.donaana.gov/Documents/About%20Us/Economic%20Development%20Projects/Executed%20Memorandum%20of%20Understanding%20%28MOU%29.pdf?t=202606101845210

Peak operational water cap · 60,000 gallons/day

Full buildout cap · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-020 · Recorded claim type: Full buildout cap · Review: Approved · Claim date: Sep 1, 2025

  1. Executed Project Jupiter memorandum of understanding

    Doña Ana County · Document date: Sep 1, 2025 · Supports

    Source reference: JUP-03 · Government primary

    Source URL

    https://www.donaana.gov/Documents/About%20Us/Economic%20Development%20Projects/Executed%20Memorandum%20of%20Understanding%20%28MOU%29.pdf?t=202606101845210

Microgrid sources · Natural gas plus battery storage; renewables under exploration system

Planned · Project Jupiter / Stargate Doña Ana (Project)

Claim AST-B3-021 · Recorded claim type: Planned · Review: Approved · Claim date: Jan 6, 2026

  1. Project Jupiter

    Doña Ana County · Document date: Jan 6, 2026 · Supports

    Source reference: JUP-01 · Government primary

    Source URL

    https://www.donaana.gov/about_us/project_jupiter/index.php

Counterparties and capital

OpenAI · Tenant, Compute customer · CMP-0007

Oracle · Developer, Cloud operator · CMP-0006

STACK Infrastructure · Developer · CMP-0102

BorderPlex Digital Assets · Development partner

Doña Ana County · Host and incentive issuer

Minimum initial investment

$50,000,000,000 · Sep 19, 2025

Legacy figure

Counterparties not specified. Scope not specified.

Sources (2)
Evidence record

Financing record legacy-financing-AST-B3-011; 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.