PROJECT JUPITER

$13 billion in economic benefits, thousands of jobs, less water, and cleaner energy for New Mexico.

WHAT DOES PROJECT JUPITER MEAN FOR NEW MEXICO?

WHAT IS PROJECT JUPITER?

Project Jupiter is a major investment in Doña Ana County, delivering an innovative data center campus that supports economic growth while preserving New Mexico’s natural resources. The project is expected to contribute more than $13 billion in long-term economic impact through tax revenue, investment and additional in commercial activity.* By combining digital infrastructure with on-site power and advanced, water-efficient cooling, the project will operate without straining water utilities or the electric grid. Compared with the original design, the updated energy plan is expected to reduce nitrogen oxide emissions by approximately 92 percent.

The project is already delivering measurable benefits for New Mexico. Today more than 700 New Mexico residents are working onsite to build the campus, and from January through June the project has generated approximately $80 million in state and local tax revenue. Project Jupiter is also on pace to create more than 7,000 construction jobs and deliver 1,500 ongoing project-supported jobs.

Project Jupiter is making significant investments in the community including $50 million for water system improvements, with 80 percent of that commitment already funded. Additional investments include approximately $360 million to support schools, infrastructure, and public services, along with $6.9 million to fund workforce development, the Boys and Girls Club of Las Cruces, clean drinking water, Doña Ana Community College, and habitat restoration.

PROJECT JUPITER HIGHLIGHTS

$13B

IN LONG TERM ECONOMIC IMPACT*

$50M

WATER SYSTEM IMPROVEMENTS

$360M

SCHOOLS, INFRASTRUCTURE & PUBLIC SERVICES

$6.9M

COMMUNITY & WORKFORCE PROGRAMS

8,500+

WELL PAYING CONSTRUCTION & OPERATIONS JOBS

92%

LOWER NOx EMISSIONS WITH BLOOM ENERGY FUEL CELLS

100%

CARBON-FREE ENERGY MATCHING BY 2031

~9

U.S. HOUSEHOLDS ANNUAL NON-POTABLE WATER USE FOR DATA CENTER OPERATIONS

WHAT PROJECT JUPITER MEANS

Will:

Will NOT:

PROJECT JUPITER UPDATES

As of September 2026, more than 4,300 team members, including nearly 1,230 New Mexicans and 630 Dona Ana County residents, have worked a total of more than 3.75 million hours.

DEVELOPMENT

CONSTRUCTION

DELIVERY

PROJECT JUPITER IMPACT

Economic Impact Annual Average Duration (Years) Total
Gross Receipts Tax / Sales Tax During Construction* — 3 $600M
Gross Receipts Tax / Sales Tax During Operations* $40M 17 $680M
Industrial Revenue Bond (IRB) $12M 30 $360M
Workforce & Community Development (CBA) — — $6.9M
Economic Impact from Construction (direct, indirect, and induced)**1 — 3 $2.23B
Economic Impact from Operations (direct only)** $559.7M 17 $9.515B
Total Long-Term Economic Impact $13.392B
Job Type Projected Employees Impact for New Mexico
Construction Workers 7,000 *2,700 workers so far, as of July 2026 700 New Mexico residents working as of July 2026
Ongoing Project-Supported Roles Once Operational 1,500 Local suppliers, vendors, and residents will be prioritized
Water Usage Gallons Potable vs. Non-Potable
Data Center Closed-Loop Cooling Initial One-Time Fill: 2.5 million gallons for each of the 4 data center buildings Maintenance Top-Offs: 0-1,000 gallons annually Non-potable
Bloom Fuel Cell System Initial One-Time Fill: 960,000 gallons Maintenance Top-Offs: 167,000 gallons annually Non-potable
Employee Use (kitchens, bathrooms) 20,000 gallons per day on average, with a commitment to not exceed 60,000 gallons per day Potable
Emissions Reduction Compared to Original Project Design
Nitrogen Oxides (NOx) 92%
Particulate Air Pollution 83%
Carbon Monoxide (CO) 67%
Carbon Dioxide (CO2) 21%

PROJECT JUPITER KEY COMPONENTS

INDUSTRIAL REVENUE BONDS (IRB)

No Financial Risk to County

KICKSTARTING BIG INVESTMENTS:

IRBs are used by counties to attract large-scale projects like data centers and factories.

FORECASTING PROJECT BUDGET:

Bond request size ($165B) signals how much may be invested over the entire project term.

JOBS AND LOCAL SPENDING:

IRBs lower certain taxes (like property and gross receipts tax) allowing the project to grow, create jobs, and invest locally for the long term.

NO COUNTY RISK:

Doña Ana County does not spend its own money or take on debt, Project Jupiter funds the entire development.

FINANCIAL BENEFIT TO DOÑA ANA COUNTY:

Project Jupiter commits to making $360M in “payments in lieu of taxes” (PILOTs) over a 30-year period to directly support schools, infrastructure, and local services.

HOW IT WORKS:

During the term, Doña Ana County temporarily owns the site and leases it back to Project Jupiter, which enables the tax benefits.

PROJECT JUPITER RESOURCES

MEDIA & PRESS RESOURCES

*Estimates from Oracle Tax
**Estimates from Mangum Economics
1 While Mangum provided an annual construction impact estimate based on our updated data, for the new version of the report, they were able to also provide a total estimated impact of construction, which is more accurate and makes our calculations easier.

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