RSS Amplifier

Measured AI · Jul 7, 2026

Amazon's Permian Playbook: Renting AI Data Centers from a Bitcoin Miner Turned Landlord

0
Sign in to vote or save

Corey Trinetti · Measured AI

On May 20, 2026, the Andrews County Commissioners’ Court voted unanimously for a “Resolution Expressing Opposition to the Establishment of Large-Scale Data Centers, Battery Energy Storage Systems, and Large-Scale Power Generation Facilities” in the county, urging the Texas Legislature to regulate such facilities. Two weeks later, the same court sat through a public hearing on “Project Stingray” — a high-performance computing data center on a 250-acre site west of town.

The developer’s head of policy presented, a property-tax consultant and an ERCOT representative spoke, no one named the tenant, and the court took no action. Five days after that, the tenant’s name surfaced anyway, in a Rule 144A bond offering presentation circulated to institutional investors: Amazon Data Services, Inc., guaranteed by Amazon.com, Inc., had signed a 15-year lease for the entire facility back in March.

That sequence — a county objects in principle, a developer presents without naming its customer, and the bond market receives the full terms within a week — is the current state of the Permian Basin AI buildout.

A downloadable PDF edition of this report is attached at the end of the post for paid subscribers.

Read the original on measuredai.substack.com

Comments

Nothing yet. Say the first thing.

    Sign in to join the conversation.