Why it matters
The strategic read
Adds a missing West Texas power-rights lane to the miner-to-AI infrastructure map. Galaxy is converting Helios from bitcoin mining into a multi-tenant AI/HPC campus, and the scarce asset is not just land but ERCOT-approved, utility-contracted power that can support CoreWeave and future hyperscale AI workloads.
Source-supported terms
What was disclosed
- 01
Galaxy completed a Large Load Interconnection Study and received ERCOT approval for an additional 830 MW of computing demand at Helios.
- 02
Galaxy executed a service agreement with AEP Texas for the additional capacity, with Wind Energy Transmission Texas facilitating the LLIS studies as transmission interconnection provider.
- 03
The approval brings Helios to more than 1.6 GW of LLIS-complete, ERCOT-approved and utility-contracted power capacity.
- 04
Galaxy says the expansion supports its buildout of next-generation AI and high-performance computing infrastructure.
- 05
The release says construction was underway to support the first phase of Helios under Galaxy’s long-term lease agreement with CoreWeave, with initial power targeted for early 2026.
- 06
Galaxy said the additional 830 MW supports multi-tenant partnerships and extends Helios into a multi-campus, multi-tenant, multi-gigawatt data-center platform strategy.
Disclosure boundary
What is known—and what is not
Primary Galaxy release and investor PDF; ERCOT study completion, AEP service agreement and WETT interconnection-provider role are public, but full utility agreement terms, phase-by-phase power pricing, customer leases beyond CoreWeave, final capex, construction/EPC scope and operating economics are not fully public.