Overview
- Each company is committing $500 million in equity to SB Energy to expand data center and power infrastructure.
- SB Energy will build and operate a 1.2 gigawatt AI campus in Milam County, Texas, with initial facilities under construction and first service expected in 2026.
- The project pairs the campus with newly built solar generation and integrated battery storage using private wire connections to secure reliable power.
- The companies formed a preferred partnership that combines OpenAI’s data center design with SB Energy’s delivery model, and SB Energy will adopt OpenAI’s APIs and deploy ChatGPT for employees.
- The effort fits into the Stargate initiative announced in 2025, and SB Energy highlights more than 3 GW operating solar, a pipeline exceeding 15 GW solar and 12 GWh storage, an $800 million Ares investment in 2025, and the acquisition of Studio 151 to integrate data center engineering.