Galaxy Digital Expands Helios Data Center's Power Capacity to 1.6 Gigawatts with New ERCOT Approval

Galaxy Digital Expands Helios Data Center's Power Capacity

In a landmark development, Galaxy Digital Inc. has successfully completed its Large Load Interconnection Study (LLIS) and secured approval from the Electric Reliability Council of Texas (ERCOT) for an additional 830 megawatts (MW) of power demand at its Helios data center campus located in West Texas. This significant approval effectively doubles the existing power capacity at Helios, now totaling over 1.6 gigawatts (GW).

This expansion comes in response to skyrocketing demand for high-density, AI-ready data center capabilities. According to Mike Novogratz, Founder and CEO of Galaxy, the unprecedented need for reliable power infrastructure specifically designed for AI and high-performance computing (HPC) workloads has positioned the company to thrive in this rapidly evolving market.

The completed LLIS involved rigorous assessments, including steady-state and stability studies, ensuring that the new capacity aligns with ERCOT's operational standards. Alongside the LLIS completion, Galaxy executed a service agreement with AEP Texas for this additional capacity, which will enhance the Helios campus's infrastructure to accommodate emerging technological demands.

Significant Growth and Future Prospects

The 830 MW additional capacity noted in this approval plays a crucial role in Helios's long-term development strategy. As preparation progresses for the first phase of construction—which operates under a long-term lease agreement with CoreWeave—the company is on track to roll out initial power capabilities by early 2026.

This expansion is not merely a statistic; it underscores Galaxy's ambition of building a multi-campus, multi-tenant data center platform prepared for the increasing demand in AI and HPC workloads. With California-based CoreWeave as a partner, Galaxy is accelerating the development, ensuring that the infrastructure will support cutting-edge technological applications in the near future.

Moreover, this recent approval helps solidify Galaxy's position as one of the leading data center developers in North America. The company is now evaluating further opportunities for additional power and land both in Texas and potentially beyond, using the expertise gleaned from the Helios project to identify new pathways for efficient, scalable infrastructure capable of supporting next-generation computing workloads.

A Commitment to Innovation

Galaxy's digital asset platform provides institutional access to various services, including trading, asset management, and tokenization technology. The ongoing development at Helios exemplifies Galaxy's commitment to innovation within the digital asset and data center infrastructure sectors. Their efforts are designed to accelerate advancements in finance and artificial intelligence, a vital area as the world transitions to more automated and AI-driven solutions.

In the coming months, Galaxy will report its fourth-quarter and full-year 2025 financial results, providing insights into the progress made and expectations for continued growth in the data center arena. The anticipated release is set for February 3, 2026, and is highly awaited by investors and stakeholders keen to understand the implications of this expanded power capacity on the company's trajectory.

In conclusion, the approval for additional 830 MW at the Helios campus marks a transformative moment for Galaxy Digital. As the demand for AI tech surges, this infrastructure will be crucial to meeting the needs of the global market, placing Galaxy at the forefront of the evolving digital landscape.