Data Center Developments and Energy Convergence in Reeves County, Texas
Deep-dive infrastructure report, the Waha off-grid cluster, LandBridge's powered-land engine, and a bitcoin campus turning to AI

Reeves County has become the Permian's densest concentration of giga-scale, gas-powered compute plans: Microsoft's Chevron/Engine No. 1-powered campus, PowerBridge's 2 GW Alpha Digital Campus on LandBridge land, Core Scientific's 1.5 GW bitcoin-to-AI conversion outside the city of Pecos, and NRG's FID-pending 1.1 GW power anchor, nearly all of it built on Waha Hub gas, most of it off the ERCOT grid, and all of it colliding with workforce housing and aquifer limits. (Ingest note: report dated June 10, 2026, a month stale on ingest; where its figures lag fresher tracker records they are attributed by date, not adopted.)

The Waha convergence

The county sits atop the Delaware Basin, where pipeline bottlenecks strand abundant, low-cost associated gas at the Waha Hub. With ERCOT interconnection stretching to multi-year timelines, developers are co-locating giga-scale campuses directly against gas production and transmission infrastructure and generating behind the meter — turning natural gas from an exportable commodity into an on-site manufacturing input for compute, and turning LandBridge-style surface acreage into a premium 'powered land' asset class.

Master registry

Project / developerCapacityGrid postureLandCost / tenantTimeline
Microsoft Pecos — Microsoft, Chevron, Engine No. 12,500–2,595 MW (per this report — see reconciliation)Self-gen, off-grid BTM gas (GE Vernova H-class)7,000 acres$7B power infrastructure; Microsoft Azure AIAnnounced Apr 2026; first-phase power late 2027; full completion 2030
Alpha Digital Campus — PowerBridge (Five Point) × LandBridgeUp to 2,000 MW (58.3 MW initial ERCOT filing May 2, 2026)Self-gen, private-use network (combined-cycle gas)~3,400 acresUndisclosed ($1B+ platform); hyperscale/AI targetedLease Apr 2026; first power 2027; full-scale 2028
Pecos Data Center (Cottonwood 1 & 2) — Core Scientific300 MW existing → 1,500 MW gross / 1,000 MW leasableHybrid: grid + scalable BTM gas300+ acres; 125,000 sq ft under roof$11–12M/MW build; AI/HDC colocationEst. 2022; conversion announced Apr 2026; initial AI capacity early 2027
NRG Delaware Basin — NRG × LandBridge1,100 MW plantGrid-connected with export capabilityLandBridge surface acreageUndisclosed; hyperscale operator TBDAgreement Sept 2025; FID pending PPA; in-service late 2029
Unnamed JV — third party × Five Point affiliateNot specifiedCo-located power~2,000 acres$8M non-refundable depositAgreement Nov 2024; site dev by Nov 2026, build by Nov 2030
Tarbush Data Center — Lonestar Dream / GDA36 MW hosting (within 100 MW portfolio)Grid (ERCOT West Hub)4143 N US Hwy 285, Pecos, TX$49M acquisition; GDA bitcoin hostingOperational; hosting launch Apr 3, 2024

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