$19.6B in Signed Leases: Texas Absorbs the Volume Others Ban

New York banned hyperscale outright, Monterey Park voted 86% to prohibit datacenters, and Seattle froze anything above 20 MW. Texas took the volume instead, absorbing $19.6B in signed leases behind clean permitting and behind-the-meter power, and the developers who lock jurisdiction and self-supply now are the ones building.