Coreweave Helios
POWER & GRID
Time-to-power · verification · interconnectionPower reality
- ⚠ Announced 1.6 GW is 2.0× the 800 MW documented by grid, construction or operating records.
- ⚠ No permit record linked to this site yet.
How the time-to-power window was estimated
- From “Under construction”, large loads have typically taken 0.5–2 more years to first power (editorial range; see Methodology).
- Stated dates slip; the window allows up to 0.75 years past the stated date at this stage.
- The window is a range of plausible outcomes under these assumptions, not a forecast. It moves as new filings, queue updates or imagery arrive.
Project verification
- Land acquiredimplied by a later stage
- Planning / zoningimplied by a later stage
- Permittingimplied by a later stage
- Interconnection application
- Feasibility study
- System impact study
- Facilities study
- Interconnection agreement / service contractJul 6, 2026
News report
- Jul 6, 2026 · Contracted / committed power: 800 MW[2]
- Financing
- Under constructionMay 31, 2025
Model estimate · Satellite imagery
- May 31, 2025 · Reported status: under construction[1]
- May 31, 2025 · Construction start[1]
- May 31, 2025 · The former [crypto mining](https://investor.galaxy.com/news/news-details/2025/Galaxy-Announces-Commitment-with-CoreWeave-to-Host-Additional-Artificial-Intelligence-and-High-Perform[1]
- Aug 30, 2026 · Reported status: expanding[1]
- EnergizationJul 6, 2026
News report · Satellite imagery
- OperationalAug 30, 2026
Satellite imagery
- Aug 30, 2026 · Building 1 operational at full capacity. This is based on "Phase I", which is [expected](https://investor.galaxy.com/news/news-details/2025/Galaxy-Announces-Third-Quarter-2025-Fina[1]
● documented · ◌ implied by a later stage · ○ no evidence found. Dates are those of the earliest dated evidence, which can be later than when a stage actually began. Evidence classes: News report, Model estimate, Satellite imagery.
Grid path
- →facilityCoreweave Helios
- →substationSatellite imageryLikely1 substation outline traced inside the campus on satellite imagery; OSM maps Unnamed substation 0.32 km away
- →transmission345 kV line[6]Proximity onlyUnverifiedHighest-voltage line mapped within 2 km (0.09 km away). Not confirmed as the supply path.
- →utilitySouth Plains Electric Coop INC[3]Service territoryLikelyRetail service territory containing the site
- Substation capacity:
- not published
- Required upgrades:
- not yet sourced
- Congestion:
- not yet sourced (no nodal price data)
Dashed boxes are based on proximity only and do not establish which asset serves the site.
Interconnection records
No interconnection-queue record is linked to this site. Of the ISOs we ingest, only NYISO publishes large-load requests; PJM, ERCOT, MISO, SPP and CAISO queues list generation only.
On-site & dedicated generation
- Dickens (Batteries, 200 MW) is 1.5 km away[9]EIA plant within 1.5 km; proximity does not establish that it supplies the facilityBattery storageCo-located200 MWUnverified
Location & imagery
Mapped outline- Coordinates
- 33.77448, -100.86854
- Address
- County
- Dickens County
No openly licensed ground-level photos matched to this site yet.
Ownership, operation & customers
- 1. Property owner of recordNot identified
- 2. Owner / developer
- 3. OperatorNot identified
- 4. Tenant / cloud
- 5. End customer / workload
Each link is sourced separately. The property owner of record is often a special-purpose entity; the same company appearing in two roles is shown only when sources say so.
All parties with evidence
- Developer
“Galaxy Digital Inc. (Nasdaq: GLXY ) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced that it has completed delivery of the first phase of power at its Helios data center campus”
- Tenant
- Utility
Most likely retail provider among 3 overlapping service territories (largest retail sales; territory polygons are approximate). Also overlapping: Lighthouse Electric Coop, INC, AEP Texas North Company.
Power (all fields)
- Current facility power
- Current IT capacity
- Planned capacity
- Contracted / committed power
“the full 800 MW of gross power currently approved and contracted at Helios”
- Estimated annual consumption
200 MW × 8,760 h × 70% utilization.
Capacity figures are nameplate or contracted; annual consumption is a labeled model estimate, not metered data.
Grid & electricity
- ISO / RTO
Location falls inside this ISO/RTO footprint.
- Balancing authority
Control area of the containing utility territory.
- Contracted / committed power
“the full 800 MW of gross power currently approved and contracted at Helios”
- Nearest mapped substation
Nearest substation mapped in OpenStreetMap; proximity does not establish which substation serves the site.
- Distance to substation
- Highest-voltage line nearby
Highest-voltage transmission line mapped within 2 km.
- State avg. industrial price
Texas statewide average, July 2026.
- State avg. commercial price
Texas statewide average, July 2026.
- Generation within 50 km
7 EIA-reported plants within 50 km.
- Generation queued in county
9 active generation interconnection requests in Dickens County: Solar 1,102 MW, Storage 922 MW, Wind 293 MW. Queued projects often don't get built.
- Interconnection status
- Not yet sourced
| Nearby infrastructure | Type | Distance | Voltage / capacity | Source |
|---|---|---|---|---|
| 345 kV line · Wind Energy Transmission Texas | Transmission line | 0.09 km | 345 kV | [6] |
| Dickens · Engie North America | Power plant (Batteries) | 1.5 km | 200 MW | [9] |
| Mcadoo Wind Energy LLC · Invenergy Services LLC | Power plant (Wind) | 9.5 km | 150 MW | [9] |
| Wake Wind Energy Center · Southern Power Co | Power plant (Wind) | 22.1 km | 257 MW | [9] |
| Whirlwind Energy Center · Whirlwind Energy LLC | Power plant (Wind) | 42.4 km | 57 MW | [9] |
| Old Settler Wind · Old Settler Wind, LLC | Power plant (Wind) | 43.3 km | 151 MW | [9] |
| Cotton Plains Wind Farm · Cotton Plains Wind I, LLC | Power plant (Wind) | 43.3 km | 50 MW | [9] |
| Ralls Wind Farm · Ralls Wind Farm LLC | Power plant (Wind) | 49.9 km | 10 MW | [9] |
| Unnamed substation | Substation | 0.32 km | 345 kV | [6] |
| Cottonwood Substation · Wind Energy Transmission Texas | Substation | 0.86 km | 345 kV | [6] |
| Pitchfork Switchyard | Substation | 0.93 km | — | [6] |
| Burksol, LLC substation · Burksol, LLC | Substation | 1.08 km | 345 kV | [6] |
| Engie North America substation · Engie North America | Substation | 1.54 km | 345 kV | [6] |
| Largest queued generation in this county | Fuel | Queue status | MW | Source |
|---|---|---|---|---|
| CORUSCANT BESSERCOT 27INR0195 · AEU Battery Project III LLC | Storage | In study · proposed 2027-04 | 418 MW | [7] |
| Spurland Solar IERCOT 29INR0192 · Spurland Solar I | Solar | IA signed · proposed 2028-12 | 302 MW | [7] |
| Outrider BESSERCOT 28INR0288 · Sanders Hollow Energy Center, LLC | Storage | IA signed · proposed 2029-06 | 302 MW | [7] |
| Sanders Hollow Energy CenterERCOT 28INR0169 · Sanders Hollow Energy Center, LLC | Wind | IA signed · proposed 2029-06 | 293 MW | [7] |
| Wolf Spring StorageERCOT 25INR0173 · Wolf Spring Solar, LLC | Storage | IA signed · proposed 2028-08 | 203 MW | [7] |
| Spurland Solar IIERCOT 29INR0195 · Spurland Solar II | Solar | IA signed · proposed 2028-12 | 202 MW | [7] |
Utility, ISO and nearby assets are derived from the site's location. Proximity to a substation or line doesn't establish the interconnection; that needs a utility filing or interconnection-queue record. Queue requests are applications, not commitments — most never reach operation.
Construction & permitting
Real estate
None sourced yet
None sourced yet
None sourced yet
- Site area
“Spanning more than 2,200 acres”
- Capital cost / investment
Modeled total capital cost (2025 USD) of capacity currently operational, incl. compute hardware.
- Annual property tax
- Not yet sourced
No county parcel or assessor records linked yet. County records are currently ingested for Loudoun County, VA and Maricopa County, AZ.
Size
- Floor area
- Not yet sourced
Compute
What changed (last 3 years)
Follow this facility (RSS)- Current IT capacity
- Planned capacity
- Buildings operational
- Status
- Expected completion
Timeline
- May 31, 2025[1]
The former crypto mining Helios site begins expanding, with land cleared for additional buildings.
- Aug 27, 2025[1]
Backup generator pads and steel framing for chillers are visible, similar to the 3D renderings.
- Apr 4, 2026[1]
Building 1 appears substantially complete. The main white-roofed data hall is visible with exterior mechanical/electrical equipment rows installed on both sides, and adjacent generator/equipment pads plus laydown yards are active. A large graded pad north of Building 1 suggests preparation for the next phase/building. No clear satellite evidence that the AI/HPC facility is operational yet.
- Jun 17, 2026[1]
Building 1 appears externally complete and likely Ready for Service, with all cooling/roofing/generators in place, but we're not labeling it operational yet due to visible surrounding yard/construction work. CoreWeave likely still needs time to install chips and use all their designated chip capacity. The pad to the northeast has foundations being laid out for Building 2.
Building 1 operational at full capacity. This is based on "Phase I", which is expected to be operational by the end of the first half of 2026. We added two months of overhead to account for remaining construction and/or installation of CoreWeave's chips, since the June 17 image still showed active minor construction around the building.
Building 2 and 3 are operational at full capacity. This corresponds to "Phase II", which is expected to be delivered "throughout 2027". We assume it takes until the end of 2027 to reach full capacity.
Building 4 operational at full capacity. This corresponds to "Phase III", which is expected to be delivered "starting in 2028". We assume it takes until the end of 2028 to reach full capacity.
Buildings on this campus
1- Argo Data CenterOperating
All claims (provenance audit)
45| Field | Value | Source | Confidence | As of | Status |
|---|---|---|---|---|---|
| Name | Coreweave Helios | [1] | Likely | 2026-08-30 | Shown |
| Status | Under construction | [1] derived | Likely | 2025-05-31 | Superseded / alternative |
| Status | Under construction | [1] derived | Likely | 2025-08-27 | Superseded / alternative |
| Status | Under construction | [1] derived | Likely | 2026-04-04 | Superseded / alternative |
| Status | Under construction | [1] derived | Likely | 2026-06-17 | Superseded / alternative |
| Status | Operating + expanding | [1] derived | Likely | 2026-08-30 | Shown |
| Facility type | AI campus | [1] derived | Likely | 2026-08-30 | Shown |
| Address | 984 County Road 112, Afton, TX 79220 | [1] | Likely | 2026-08-30 | Shown |
| Owner | CoreWeaveOwner: CoreWeave | [1] | Confirmed | 2026-08-30 | Shown |
| Developer | Galaxy Digital Inc. | [2] AI-extracted | Likely | 2026-07-06 | Shown |
| Tenants | CoreWeave | [2] AI-extracted | Likely | 2026-07-06 | Shown |
| End users | OpenAIUsers: OpenAI | [1] | Speculative | 2026-08-30 | Shown |
| Utility | South Plains Electric Coop INCterritory 17561: SOUTH PLAINS ELECTRIC COOP INC (COOPERATIVE, SOUTH PLAINS ELECT | [3] derived | Unverified | 2022 | Shown |
| Current facility power | 200 MW | [1] estimated | Likely | 2026-08-30 | Shown |
| Current facility power | 200 MW | [2] AI-extracted | Likely | 2026-07-06 | Shown |
| Current IT capacity | 132 MW | [1] estimated | Likely | 2026-08-30 | Shown |
| Current IT capacity | 133 MW | [2] AI-extracted | Likely | 2026-07-06 | Superseded / alternative |
| Planned capacity | 800 MW | [1] estimated | Likely | 2026-08-30 | Shown |
| Planned capacity | 1.63 GW | [2] AI-extracted | Likely | 2026-07-06 | Superseded / alternative |
| Contracted / committed power | 800 MW | [2] AI-extracted | Likely | 2026-07-06 | Shown |
| Estimated annual consumption | 1,226 GWh/yr | [4] estimated | Speculative | 2026-09-29 | Shown |
| ISO / RTO | ERCOTELECTRIC RELIABILITY COUNCIL OF TEXAS, INC. | [5] derived | Likely | — | Shown |
| Balancing authority | ERCO, SWPP | [3] derived | Likely | — | Shown |
| Nearest mapped substation | Unnamed substation (345 kV)way/1130569621 | [6] derived | Likely | 2026-09-28 | Shown |
| Distance to substation | 0.3 km | [6] derived | Likely | 2026-09-28 | Shown |
| Highest-voltage line nearby | 345 kV | [6] derived | Likely | 2026-09-28 | Shown |
| Generation queued in county | 2.32 GW | [7] derived | Confirmed | 2026-09-01 | Shown |
| State avg. industrial price | 7.07¢/kWh | [8] | Confirmed | 2026-07 | Shown |
| State avg. commercial price | 8.47¢/kWh | [8] | Confirmed | 2026-07 | Shown |
| Generation within 50 km | 876 MW | [9] derived | Confirmed | 202502 | Shown |
| Buildings (planned) | 1 | [1] derived | Likely | 2026-08-30 | Shown |
| Buildings operational | 1 | [1] estimated | Likely | 2026-08-30 | Shown |
| Buildings operational | 0 | [1] estimated | Likely | 2025-05-31 | Superseded / alternative |
| Buildings operational | 0 | [1] estimated | Likely | 2025-08-27 | Superseded / alternative |
| Buildings operational | 0 | [1] estimated | Likely | 2026-04-04 | Superseded / alternative |
| Buildings operational | 0 | [1] estimated | Likely | 2026-06-17 | Superseded / alternative |
| Site area | 2,200 acres | [2] AI-extracted | Likely | 2026-07-06 | Shown |
| Capital cost / investment | $5B | [1] estimated | Likely | 2026-08-30 | Shown |
| Compute (H100-equivalents) | 159,600 | [1] estimated | Likely | 2026-08-30 | Shown |
| Chip types | B200 | [1] | Confirmed | 2026-08-30 | Shown |
| Construction start | May 31, 2025 | [1] derived | Likely | 2026-08-30 | Shown |
| First operational | Aug 30, 2026 | [1] derived | Likely | 2026-08-30 | Shown |
| First operational | Jun 2026 | [2] AI-extracted | Likely | 2026-07-06 | Superseded / alternative |
| Expected completion | Jan 1, 2029 | [1] estimated | Speculative | 2026-08-30 | Superseded / alternative |
| Expected completion | Jun 2027 | [2] AI-extracted | Likely | 2026-07-06 | Shown |