Galaxy Digital Secures 830 MW ERCOT Approval, Doubling Helios Data Center Power Capacity to 1.6 GW
Event summary
- Galaxy Digital received ERCOT approval for an additional 830 MW of power capacity at its Helios data center campus in West Texas.
- Total approved power capacity at Helios now exceeds 1.6 GW, doubling the previous capacity.
- The approval follows completion of Large Load Interconnection Studies and execution of a service agreement with AEP Texas.
- Construction is underway for the first phase of Helios under a long-term lease agreement with CoreWeave.
- Initial power delivery at Helios is scheduled to begin in early 2026.
The big picture
This approval positions Galaxy Digital among the largest and fastest-growing data center developers in North America, capitalizing on the surging demand for AI and high-performance computing infrastructure. The strategic move underscores the company's ability to execute hyperscale data center development, potentially attracting more multi-tenant partnerships and solidifying its position in the competitive AI infrastructure landscape.
What we're watching
- Scale Ambitions
- Whether Galaxy can sustain this rapid expansion pace while maintaining operational efficiency and financial discipline.
- Market Demand
- How the unprecedented demand for high-density AI data center capacity in Texas will evolve and whether Galaxy can capture market share.
- Geographic Expansion
- The pace at which Galaxy will identify and develop additional power and land opportunities beyond Texas.
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