--- title: "Stargate Milam County (SB Energy; SoftBank; OpenAI tenant), Milam County, Texas, US — campus ledger — The AI Compute Race — DRYBURGH · The Compute Economy" source: https://dryburgh.com/vol1/ledger/stargate-milam-county description: "Stargate Milam County: not yet due. 0 MW evidenced of 857 MW announced or estimated, end of August 2026 reading; operations promised by 31 December 2026." --- # Stargate Milam County (SB Energy; SoftBank; OpenAI tenant), Milam County, Texas, US SB Energy (landlord); SoftBank; OpenAI tenant Stargate Milam County (SB Energy, SoftBank and OpenAI tenant; Milam County, Texas, US) was promised operations by 31 December 2026; at the end-of-August 2026 reading the public record evidences 0 MW of IT load against 857 MW announced or estimated. The book’s verdict: not yet due. From *The AI Compute Race*. [Read the book](https://dryburgh.com/vol1#buy) Download this campus: [CSV](https://dryburgh.com/vol1/data/ledger-stargate-milam-county.csv) · [JSON](https://dryburgh.com/vol1/data/ledger-stargate-milam-county.json) Announced or estimated (IT load) 857 MW Evidenced power (IT load), end of August 2026 0 MW The book’s verdict Not yet due The ledger’s reading is the end of August 2026: the promises and the states as they stood then. Each row’s evidence carries its own date, printed on it. The promise and the record, on one line. The book’s verdict: **Not yet due**. - Evidence read 1 September 2026 - Today Nov 2026 - Promised 31 December 2026 **0 MW** evidenced at the end-of-August 2026 reading, of 857 MW announced or estimated (0%). ## The announcement **Announced or estimated capacity (IT load):** 857 MW **Where the announcement was read:** [epoch.ai](https://epoch.ai/data/ai-data-centers/directory/openai-stargate-milam) **When it was read:** 28 August 2026 ## The promise **Promised by:** 31 December 2026 **What was promised:** operations **Where the promise was read:** [openai.com](https://openai.com/index/five-new-stargate-sites/) ## At the close of the record **Evidenced power (IT load), end of August 2026:** 0 MW **Where the evidence was read:** [sec.gov](https://www.sec.gov/Archives/edgar/data/2133037/000162828026059639/sbenergy-sx1.htm) **When it was read:** 1 September 2026 **The book’s verdict:** Not yet due ## The book’s note OpenAI’s announcement of 23 Sep 2025 contemplated initial facilities in 2026; a later schedule moved the first 300 MW to 2027 (August 2026 compilation’s table of promised dates row 38, revised before maturity). SB Energy’s S-1 and its amendment of 21 Sep 2026 give ‘Phase 1-A (200 MW … targeted August 2026)’; on that target the clock would have matured, and no energization of it is held. 857 MW is Epoch’s estimate. ## Also **Who is involved:** - owner [SB Energy](https://dryburgh.com/vol1/parties/sb-energy) - partner [SoftBank](https://dryburgh.com/vol1/parties/softbank) - tenant [OpenAI](https://dryburgh.com/vol1/parties/openai) ## Filings that bear on it - [SB Energy, Inc., Form S-1 registration statement, filed 1 September 2026](https://dryburgh.com/vol1/filings/sbe-s1) SB Energy’s registration statement shows 17 leases to an OpenAI affiliate for about 8 gigawatts of IT capacity at PORTS-Pike, $105 billion of NVIDIA guaranties on the first 4.25, and Milam County under construction, none yet operating. - [SB Energy, Inc., Amendment No. 2 to Form S-1, filed 21 September 2026](https://dryburgh.com/vol1/filings/sbe-s1a-sep26) SB Energy’s amended registration statement of 21 September 2026 phases Milam County’s grid connection from August 2026 to March 2027 for about 660 megawatts, its Texas energization still subject to ERCOT’s and the state commission’s audit. ## Campuses near it in the ledger - [Stargate Shackelford / Frontier](https://dryburgh.com/vol1/ledger/stargate-shackelford-frontier) Texas, US · shares a party - [Stargate Abilene](https://dryburgh.com/vol1/ledger/stargate-abilene) Texas, US · shares a party - [Helios](https://dryburgh.com/vol1/ledger/helios) Texas, US - [Project Matador / HyperGrid](https://dryburgh.com/vol1/ledger/project-matador-hypergrid) Texas, US - [PORTS-Pike](https://dryburgh.com/vol1/ledger/ports-pike) shares 2 parties - [Stargate UAE](https://dryburgh.com/vol1/ledger/stargate-uae) shares 2 parties ## Questions about this campus **Is Stargate Milam County energized?:** Stargate Milam County (SB Energy, SoftBank and OpenAI tenant; Milam County, Texas, US) was promised operations by 31 December 2026; at the end-of-August 2026 reading the public record evidences 0 MW of IT load against 857 MW announced or estimated. The book’s verdict: not yet due. **When was Stargate Milam County promised to be energized?:** Stargate Milam County was promised operations by 31 December 2026. **Who is building Stargate Milam County?:** SB Energy (owner), SoftBank (partner), OpenAI (tenant). - [Tests](https://dryburgh.com/vol1/tests) - [Scorecard](https://dryburgh.com/vol1/scorecard) - [Data](https://dryburgh.com/vol1/data/releases) - [Chapter by chapter](https://dryburgh.com/vol1/companion) - [The record at a glance](https://dryburgh.com/vol1/observatory) - [The machine](https://dryburgh.com/vol1/machine) - [One campus, four futures](https://dryburgh.com/vol1/hyperion) - [Glossary](https://dryburgh.com/vol1/glossary) - [People](https://dryburgh.com/vol1/people) - [Sources](https://dryburgh.com/vol1/sources) - [Notes](https://dryburgh.com/vol1/notes) - [Where the book was wrong](https://dryburgh.com/vol1/corrections) - [Where its sources were wrong](https://dryburgh.com/corrections?book=vol1) - [The Paper](https://dryburgh.com/vol1/paper) - [Consent](https://dryburgh.com/vol1/consent) - [Who builds and pays](https://dryburgh.com/vol1/parties) *The AI Compute Race: Five Races, One Machine* is a book by Lee S. Dryburgh, the first volume of THE COMPUTE ECONOMY, published by Dryburgh, an imprint of Contestra OÜ, Tallinn, Estonia; its record closes on 8 November 2026. [About the book](https://dryburgh.com/vol1)[Tell me when it is out](https://dryburgh.com/vol1#notify)