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Project Matter (RS 70 Land Holdings Reinvestment Zone, Triangle Ranch)
Aetheris (developer, per news); RS 70 Land Holdings, LLC (lease holder and abatement applicant, county notice); landowners Farmland Reserve Inc and Paducah 324, LLC (county notice)
In short: Location: ~15 mi east of Paducah (per news), Cottle County, Texas. Status: Proposed / in development. Developer or parties: Aetheris (developer, per news); RS 70 Land Holdings, LLC (lease holder and abatement applicant, county notice); landowners Farmland Reserve Inc and Paducah… Size: 96 MW data center building + 180 MW behind-the-meter power plant (gas turbine, substation, BESS) (county notice); Phase 1 729 acres, up to 4,252 acres incl. up to 3,710 leased… Investment: ~$1.113B estimated improvements: $912M data center build-out + $201.096M power production (county notice). Latest record (Nov 9, 2026): County calendar: Nov 9, 9:30 a.m. Public Hearing on Tax Abatement Consideration at Commissioners Court, Paducah; outcome pending. Last verified Nov 9, 2026.
- Status
- Proposed / in development
- Developer / parties
- Aetheris (developer, per news); RS 70 Land Holdings, LLC (lease holder and abatement applicant, county notice); landowners Farmland Reserve Inc and Paducah 324, LLC (county notice)
- Location
- ~15 mi east of Paducah (per news), Cottle County
- Size
- 96 MW data center building + 180 MW behind-the-meter power plant (gas turbine, substation, BESS) (county notice); Phase 1 729 acres, up to 4,252 acres incl. up to 3,710 leased from Farmland Reserve and 542 from another landowner (Aetheris filings via SL Tribune; matches Exhibit A parcel sums)
- Investment
- ~$1.113B estimated improvements: $912M data center build-out + $201.096M power production (county notice)
- Reported benefits
- Aetheris letters promise payments to county funds for roads, emergency services, library, cemetery and schools; amount not stated (company claim, via SL Tribune / Texas Construction Hub). End user confidential (company)
- Concerns / impacts
- Water and electricity: Aetheris says no demand on local water or electricity and 100% of water sourced from outside Cottle County (company claim, Oct 19 letter via SL Tribune); county judge says residents have "a lot of concerns" (SL Tribune); area in drought/abnormally dry (SL Tribune)
- Last verified
- 2026-11-09
Milestones
- May 2026 Aetheris town hall at Paducah High School (county judge via SL Tribune)
- Oct 5 2026 county posted Notice of Tax Abatement Consideration (county certification)
- Oct 19 and Oct 26 2026 Aetheris open letters to residents (via SL Tribune)
- Nov 9 2026, 9:30 a.m. Commissioners Court public hearing and possible action on a Ch. 312 abatement agreement with RS 70 Land Holdings, LLC (county notice and calendar; outcome pending). The county notice does not name Aetheris
- news reports name Aetheris as the developer of the same 96 MW / 180 MW project. Abatement term up to 10 years (per Texas Construction Hub; agreement not seen)
Linked power & water
Power
- Official record 180 MW behind-the-meter power plant (on site): Applicant anticipates a 180 MW behind-the-meter power plant with gas turbine, high voltage substation, battery storage; est. $201.096M (Cottle County notice). No TCEQ air permit found yet. cottlecountytx.gov ↗
Land, jobs & economic impact
Related records
County calendar: Nov 9, 9:30 a.m. Public Hearing on Tax Abatement Consideration at Commissioners Court, Paducah; outcome pending.
Source: cottlecountytx.gov ↗Texas Construction Hub: Aetheris seeks up-to-10-year Ch. 312 abatement for 96 MW Project Matter; water to come from outside county (company).
Source: texasconstructionhub.com ↗SL Tribune: Aetheris Project Matter on LDS Church-owned Triangle Ranch land; Phase 1 729 acres, up to 4,252; residents' views divided (judge).
Source: sltrib.com ↗County notice (posted Oct 5): Nov 9 hearing on Ch. 312 abatement for RS 70 Land Holdings; 96 MW data center, 180 MW gas plant, ~$1.113B.
Source: cottlecountytx.gov ↗Sources
- Official record cottlecountytx.gov
- Official record cottlecountytx.gov
- News report sltrib.com
- News report texasconstructionhub.com
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