Armstrong is a mid-stage development in ERCOT West, with 345kV interconnection access and multiple fiber network access points.

• 1GW data center complex, designed for hyperscalers

• Co-located with utility-scale solar

• Advanced BESS

HIGHLIGHTS

ENERGY ASSET HIGHLIGHTS

• Interconnection: ERCOT SS complete, FIS commenced with ONCOR

• Site Control: 5,100 acres under lease (additional acreage under consideration)

• Environmental: ECIA, PIESA and Wetlands Delineation complete

• Tax Abatement: 313s and 312s executed with Claude ISD and Armstrong County

• EPC/OEM: 10% design completed for all assets and substations, Technology selected, EPC Design and BoP

Mortenson

KEY ENERGY ASSET DETAILS

• Location: Armstrong County, TX (co-location of Data Center/Solar/BESS)

• Capacity: ~1GWac Data Center; ~500MWac Solar & ~800MWac BESS

• POI: 345KV Double Circuit T-Line (ONCOR)

• Land Size: 5,100+ acres (with additional options)

• Target NTP/COD: NTP: Q4 2025; COD: Q2 2027

• Balancing Authority: ERCOT West

• Campus Phases: Phase I – 250MWac Solar, 400MWac BESS; Phase II – 250MWac Solar, 400MWac BESS

• Value Limitation Agreement: All 313s approved by Claude ISD in December 2022; Amendments approved to include gap years in June 2024; Next annual supplemental payment due January 2025

• Tax Abatement Agreement: 312s approved for each phase by Armstrong County in Q3 2024