Texas Data Center Intel

Recent Texas data center news

• May 15, 2026

  ERock Announces Public Filing of Registration Statement for Proposed Initial Public Offering

  ERock has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.

  • Filed action: ERock publicly filed a registration statement on Form S-1 with the SEC relating to a proposed initial public offering; the number of shares and price range have not been determined, and the offering is subject to market and other conditions. The Company intends to list its Class A common stock on the New York Stock Exchange under the ticker “EROC”.
  • Underwriting and process details:Morgan Stanley and J.P. Morgan are acting as joint lead bookrunning managers; Barclays and BofA Securities are joint bookrunning managers; Evercore ISI, Guggenheim Securities, Wolfe | Nomura Alliance, and BNP Paribas are acting as bookrunners. A preliminary prospectus will be available from Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (c/o Broadridge Financial Solutions). The registration statement has been filed but is not yet effective, and no sales/offers may occur prior to effectiveness or required qualifications under applicable securities laws.
• May 14, 2026

  Record Power Burn Expected This Summer as Coal Retirements and Data Centers Drive Gas Demand

  The Natural Gas Supply Association (NGSA) released its Summer Outlook on May 13, forecasting record U.S. natural gas supply of 117 Bcf/d while warning that rising LNG exports, data center load, industrial activity, and power generation will tighten storage and push power burn to record levels.

  • Main announcement: NGSA/EVA projects total U.S. supply of 117 Bcf/d (including 111.7 Bcf/d dry gas) and total demand of 108.7 Bcf/d this summer; power burn is forecast at 40.3 Bcf/d (up 2.0 Bcf/d), and end-of-summer storage is projected near 3,662 Bcf (about 106 Bcf below the five-year average). The report was issued as the Summer 2026 Natural Gas Market Outlook (May 13) prepared by EVA for NGSA.
  • Background and details: The outlook identifies LNG exports rising 4.3 Bcf/d to 19.9 Bcf/d (new capacity including Plaquemines LNG, Corpus Christi Stage 3, Golden Pass Train 1), notes data center capacity growing from 44 GW (2025) to 55 GW (2026) and to 74 GW (2027) (Oracle 1.2-GW Stargate, Meta 1-GW Prometheus, Google $40B Texas commitment), and documents industrial project additions (63 completed projects ~1.99 Bcf/d and $104.3 billion investment; 20 planned projects adding ~1.98 Bcf/d and $44.3 billion investment through 2030). The note highlights permitting and infrastructure policy actions (Trump July 2025 executive order, DOE site openings, SPEED Act House passage Dec 18, 2025, FERC rule changes Oct 2025) and recent pipeline developments (Williams NESE FERC reauthorization Aug 2025; ground-breaking April 2026).
• May 14, 2026

  Stream Data Centers Names New CFO and New EVP of Construction

  Dallas-based Stream Data Centers has named Murray Woolcock as chief financial officer and Scott Greubel as EVP of construction.

  • Main announcement: Stream appointed Murray Woolcock (CFO) and Scott Greubel (EVP of Construction) to support hyperscale growth; the two bring more than 50 years of combined experience. Woolcock (25+ years) previously served as an operating executive at Apollo and will lead capital strategy, financial operations, reporting, procurement, and investment underwriting to scale for accelerating demand. Greubel (25 years at DPR Construction) will scale construction capabilities and replicable design/construction standards, having completed data center projects for Intel, Colo.com, Yahoo, T-Mobile, Intuit, Adobe, and Meta and helped grow DPR revenue from $650 million to over $10 billion.
  • Background/other details: In August (prior year), Apollo acquired a majority interest in Stream Data Centers from Stream Realty Partners; with Apollo backing Stream is positioned to execute on a multi-gigawatt pipeline, and Apollo Funds and affiliates may potentially deploy “billions of dollars” into next-generation digital infrastructure. No specific deployment timelines or dollar amounts were announced in this article.
• May 14, 2026

  Land and Expand: NVIDIA, IREN, Coatue, Microsoft, Switch, Cerebras, Core Scientific

  NVIDIA announced two major partnerships to accelerate industrial-scale AI infrastructure deployment with IREN and Corning Incorporated.

  • Main announcement: NVIDIA partnered with IREN to target deployment of up to 5 gigawatts of NVIDIA DSX-aligned AI infrastructure (focus on IREN’s 2-gigawatt Sweetwater campus in Texas) and separately partnered with Corning Incorporated to expand U.S. optical connectivity manufacturing (10x optical connectivity capacity increase; >50% domestic fiber production increase; construction of three new advanced manufacturing facilities in North Carolina and Texas). The IREN deal includes a five-year right for IREN to sell NVIDIA up to 30 million ordinary shares at $70 per share (potential consideration up to $2.1 billion).
  • Background and details: The article details additional industry moves into powered land, gigawatt campuses, crypto-to-AI conversions, and domestic supply-chain expansion, including Coatue/Next Frontier & Fluidstack’s 430 MW Indiana campus backed by $5.7 billion in senior secured notes (first 65 MW online by July 2027), Digi Power X’s 10-year MSA with Cerebras for a 40 MW Columbiana, AL campus (initial contract ~$1.1 billion, potential $2.5 billion, Phase 1 ready-for-service targeted Dec. 15, 2026), CloudBurst’s Texas campus ($14.5 billion investment; 1.2 GW planned), and Core Scientific’s acquisitions and campus expansions (e.g., $421 million cash acquisition of Polaris DS LLC; Muskogee and Pecos expansions to ~1.5 GW gross power).
• May 14, 2026

  US annual electricity consumption to grow 55% by 2050: NEMA

  NEMA published an updated forecast announcing that U.S. net electricity consumption will grow from 3,936 TWh in 2024 to 6,130 TWh by 2050, with the steepest growth concentrated in the current decade.

  • Main announcement: NEMA’s update projects more than 55% electricity consumption growth by 2050, cites a 300% jump in data center energy consumption over the next 10 years, a 2,000% increase from the electric transportation sector through 2050, and states data centers may account for 38% of net consumption through 2037.
  • Background and details: The report updates an April 2025 study (previously forecasting 50% growth), provides regional projections (largest data center demand growth in mid-Atlantic and Texas through 2035; greatest EV growth in the Northeast and West through midcentury), and lists generation and storage capacity outlooks (e.g., 303 GW standalone battery storage, 568 GW solar, 408 GW wind by 2043).
• May 14, 2026

  Meta Signs 850 MW of New Clean Energy Purchase Deals Across U.S.

  DESRI and Meta announced new PPAs delivering 850 MW of solar and battery capacity to Meta across the U.S.

  • Agreement details: DESRI and Meta signed PPAs for 850 MW of solar plus battery storage capacity — 500 MW in Oklahoma, 200 MW in Texas, and 150 MW in Mississippi; expands Meta’s contracted capacity with DESRI to approximately 2,575 MW across nine states.
  • Context and commitments: Meta, owner of Facebook, Instagram, and WhatsApp, was ranked largest corporate clean energy offtaker globally in 2025 by BloombergNEF (contracting 10.24 GW in 2025); Meta has targets to reach net-zero across its value chain by 2030 and to match 100% of the electricity used in its data centers and offices with renewable energy.
• May 14, 2026

  Gridlock or Growth? ERCOT Warns Texas AI Power Boom May Not Materialize

  The Electric Reliability Council of Texas (ERCOT) filed a long-term load forecast to the Public Utility Commission of Texas projecting very large future demand but warning much of it may not materialize on schedule.

  • Main announcement: ERCOT submitted an April 2026 long-term load forecast projecting statewide peak demand could reach nearly 368 GW by 2032 (compared with the current record 85.5 GW), while explicitly stating concerns with using preliminary load forecast values and reserving the right to adjust forecasts based on “actual historical realization rates or other independent information.”
  • Background and detail: The filing reports ERCOT applied an internal realization factor (average peak consumption per site = 49.8% of requested MW) to some non-crypto data center additions, projects non-crypto data center load of ~228 GW by 2032, and expects summer 2026 peak between ~90.5 GW and 98 GW (versus a preliminary 112 GW figure). The filing is a regulatory submission (filing) and functions as a capacity/planning signal rather than a confirmation that proposed projects will be energized on forecast timelines.
• May 13, 2026

  Why a Texas county just hit the brakes on data center development

  Hill County (Texas) has approved a one-year moratorium on new data center and energy storage developments.

  • One-year moratorium approved by Hill County on new data center and energy storage developments; cited concerns over water use, public safety, and quality of life. The pause was approved as local officials said the rapid influx of proposals outpaced local oversight capacity and is effective for one year.
  • Background: The decision occurs in a broader context of hyperscale growth in Texas (projects backed by OpenAI, Oracle, Microsoft); lawmakers in at least 14 states are considering similar restrictions and some federal lawmakers have floated broader intervention. The story is reported by Bloomberg (link provided).
• May 13, 2026

  Corporate clean energy demand remains ‘extremely strong’: CEBA CEO

  CEBA reports record corporate clean energy procurement and calls for permitting and transmission reform.

  • Main announcement: CEBA (Corporate Energy Buyers Association) said it recorded 27 GW of new contracted clean energy in 2025 and reported an estimated 17 GW procured in Q1 2026 (S&P Global estimate), declaring 2026 on pace to be “by far, the largest year ever in corporate clean energy buying.” CEO Rich Powell made these remarks at DC Climate Week during an April 20 talk and in an interview with ESG Dive.
  • Background and details: CEBA represents over 300 members with more than $38 trillion in market capitalization; members (notably hyperscalers Amazon, Alphabet, Meta, Microsoft) are driving the market and are expected to spend up to $700 billion in capex in 2026. Powell emphasized permitting and transmission reform (referencing the Standardizing Permitting and Expediting Economic Development Act / SPEED Act) as a near-term policy priority, and cited market examples including ERCOT/Texas and Georgia’s Customer Identified Resource Program (approved by the Georgia Public Service Commission, voted 5-0).
• May 13, 2026

  Geothermal Developer Fervo Energy Raises $1.9 Billion in Upsized IPO

  Fervo Energy announced the finalized pricing of its initial public offering, selling shares and setting an approximate company valuation.

  • Fervo Energy finalized IPO pricing, sold 70 million shares at $27 per share (IPO was upsized from an initial plan of 55.6 million shares at an expected $21–$24), valuing the company at approximately $7.7 billion.
  • Background & project details: Founded in 2017, Fervo develops enhanced geothermal systems (EGS) using oil-and-gas techniques; it has over 658 MW in contracted offtake with hyperscalers and utilities (including Google, Southern California Edison, NV Energy, Shell). Its first greenfield project, Cape Station (Beaver County, Utah), is expected to deliver first power in 2026, reach ~100 MW by early 2027, and has plans to scale to 500 MW.