Texas Critical Data Center (TCDC) Project

under construction

The Texas Critical Data Center (TCDC) project is a digital infrastructure development located in the Permian Basin, Texas. The project involves land acquisition, site readiness work including civil engineering, permitting, site planning, pipeline reclamation, and procurement of long-lead equipment. The project is advancing towards commercialization with plans for site clearing, earthworks, and securing Industrial District designation. Financing efforts include a $115 million stock offering and a $290 million credit facility with Macquarie, along with equity investment and repayment of previous notes. The project is a 50/50 joint venture with Sharon AI, Inc., and is progressing definitive project documentation including a joint venture agreement and a lease with an investment-grade hyperscaler.