Why it matters
The strategic read
Turns the New Mexico Stargate site from a point on the national map into a county-approved financing and infrastructure receipt. The IRB package shows how AI campuses are being structured around tax abatements, PILOTs, local water commitments, dedicated microgrids, non-evaporative cooling and GPU-heavy refresh cycles, with Oracle leasing capacity and OpenAI as the ultimate AI customer according to local reporting tied back to OpenAI site selection.
Source-supported terms
What was disclosed
- 01
Dona Ana County announced on September 19, 2025 that county commissioners approved an ordinance authorizing issuance and sale of industrial revenue bonds for Project Jupiter.
- 02
The county said Project Jupiter calls for an initial $50B investment within five years and up to $165B over a 30-year financing term.
- 03
The project is planned as a next-generation data-center campus near Santa Teresa, New Mexico.
- 04
County materials say construction was expected to begin in late 2025, pending final permits and issuance of IRBs.
- 05
Project Jupiter committed to at least 750 full-time jobs and 50 part-time roles within three years of operations, plus 2,500 construction jobs during the 2025-2028 buildout phase.
- 06
The county said the data centers will use closed-loop cooling, with average water use projected around 20,000 gallons per day.
- 07
The county release describes a dedicated microgrid with natural-gas generation, large-scale battery storage and plans for renewable integration.
- 08
Project Jupiter committed $50M for water and wastewater infrastructure and $6.9M for community investment funds.
- 09
OpenAI later listed the New Mexico site as one of five new Stargate locations selected with Oracle and SoftBank participation.
- 10
El Paso Matters reported that OpenAI and Oracle are behind the Santa Teresa Project Jupiter campus, that Oracle will lease the AI-training data centers from BorderPlex Digital, and that OpenAI is the ultimate customer.
- 11
Project Jupiter public materials later said the campus will include four data centers and use Bloom Energy fuel cells for on-site power, replacing previously planned gas turbines and diesel generators.
Disclosure boundary
What is known—and what is not
Primary Dona Ana County IRB approval, OpenAI Stargate site announcement, Oracle local data-center page and Project Jupiter public materials, with local El Paso Matters reporting on the Oracle/OpenAI/BorderPlex/Stack structure. Public materials disclose the IRB authorization, headline investment scale, initial investment target, site geography, local job and community commitments, closed-loop cooling framework, dedicated microgrid concept and later fuel-cell redesign. Public materials do not disclose full IRB documents, final lease economics, Oracle/OpenAI cloud-service terms, GPU counts, exact data-center MW, fuel-cell system orders, gas-supply and pipeline contracts, battery-storage scope, power pricing, EPC packages, final permit approvals or delivery milestones by building.