July 7, 2026
The Permian Gets Texas's First 765 kV Backbone, and CREZ Wrote the PlaybookThe out-of-state signal is louder: Kevin O'Leary's Stratos project in Utah shrank from 40,000 acres to just over 20,000 after Governor Cox signed a May 29 executive order requiring state evaluation, and QTS walked from its $30 billion Virginia Digital Gateway after courts invalidated the rezonings on procedural grounds.
June 7, 2026
Permits Hit a 49-Year High as 70% Push Back. Texas Tightens Instead.Utah's Stratos Project, backed by Kevin O'Leary, learned the cost of vagueness the hard way.
May 22, 2026
Dallas Wins #1 Globally as Corpus Christi Shows the Real ConstraintMeanwhile in Utah, Box Elder commissioners approved Kevin O'Leary's 40,000-acre Stratos project, but Utah Clean Energy estimates it would burn 448 billion cubic feet of gas annually, roughly 1.5 times the state's combined consumption, and large campuses can draw up to 5 million gallons of water daily.
May 16, 2026
Beacon Point Sets the 1-GW Template While 300 GW Wait in QueueIn Utah, Box Elder County's approval of Kevin O'Leary's 9-GW, 40,000-acre Stratos project triggered a 45-day referendum clock requiring 5,422 signatures.
May 12, 2026
Three Deals, One Thesis: The Capital Stack Is Buying Electrons NowKevin O'Leary's 9 GW Stratos project cleared Box Elder County commissioners unanimously, with MIDA approving a development agreement April 24, 2026.
May 6, 2026
Hut 8 Redesigned a 224 MW Hall to 352 MW. Same Footprint, Same Utility Tie.In Utah, Kevin O'Leary's 9 GW Stratos project faces hardening opposition after Military Installation Development Authority director Paul Morris told county officials power would be entirely natural gas-generated, against a backdrop of Great Salt Lake stress.