DEPLOYDatabase

Data center campus

Barber Lake

Barber Lake is a tracked AI data center campus in Texas, Colorado City. Cipher Digital's (formerly Cipher Mining) 300 gross MW HPC campus on 250 acres near Colorado City in Mitchell County, leased in full to Fluidstack (backstopped by Google). The 10-K frames capacity as 300 gross MW (244 MW

Under construction · Cipher Digital Inc. · Private land · ERCOT · Colorado City, Texas, United States

Track Barber Lake

Capacity: announced vs energized

Announced
not recorded
Under construction
not recorded
Energized
not recorded
Barber Lake capacity claims
Source
Contracted0.30 GW2025-12-31verifiedsec filing
Contracted0.21 GW2025-11-20reportedearnings call

Key facts

under construction

Lifecycle

0 GW

Energized

Cipher Digital Inc.

Developer

United States

Location

ERCOT

Grid

private land

Land

1

Facilities tracked

Reported facts

Structured facts sourced from citations already on this record. Each fact traces to a source in the References section below.

Campus (company-claimed)
250 acres near Colorado City, TX; 300 MW gross (244 MW Phase I, 56 MW Phase II)
Delivery (targeted)
Phase I by Sep 30 2026; Phase II by Jan 31 2027
Interconnection
Approved 300 MW ERCOT interconnection without load-profile limits
Fluidstack leases (company-claimed)
168 MW in Sep 2025; full 300 MW campus by Nov 2025
Google backstop (company-claimed)
Raised to $1.73B of Fluidstack lease obligations (Nov 2025)
Contracted revenue (company-claimed, Sep 2026)
20-year term with follow-on unnamed AI lab lease; over $9B total, up from $3.8B.
Overruns (company-claimed, Sep 2026)
Cipher bears first $359.3M; tenant reimburses 50% above that over 20 years
Cost (company-claimed, Nov 2025)
About $9M to $10M per MW of critical IT; site NOI margin 85% to 90%
Lease term and contracted revenue (company-stated)
Lease expanded to a 20-year term by adding a second 10-year term directly with a leading AI lab, raising total contracted revenue at the site to approximately $9.1 billion.

On the data center map

Every tracked data center is on this map, centered on Barber Lake. Pan or zoom out to see how close rivals are building.

Approximate pin. We hold a city-level coordinate for this campus, not a verified site coordinate, so the marker shows the city rather than the parcel. The satellite strip and building outlines stay off until the site coordinate is sourced.

Free to use on your site, with a link back to DEPLOY.

In clusterTexas(611)

The deal

operator
Cipher Digital Inc. · via subsidiary Cipher Barber Lake LLC; formerly Cipher Mining Inc. (ticker CIFR)
offtaker
Fluidstack USA II Inc. · 10-year HPC lease, full campus
utility
Luminant / Vistra Operations · interconnection electrical facilities
financier
Google · backstops Fluidstack obligations; holds Google Warrants

Power

Power source
grid
Grid operator
ERCOT
Interconnection

Barber Lake substation (Luminant/Vistra interconnection facilities), 0.30 GW grid interconnect, Energized. 300 MW ERCOT interconnection approved without load-profile restriction; substation sold back to Vistra at lease end

The Texas (ERCOT) grid demand right now: 55.6 GW (EIA-930, 2026-11-11 23:00).

County water status: Moderate drought (D1) in Mitchell County, week of 2026-11-03 (US Drought Monitor). Data centers are large water users for cooling; this is the neutral local water picture.

Why here

Barber Lake sits on private land in Texas, Colorado City. It connects to the ERCOT grid, draws on grid power. This siting summary is composed from the record's held fields, not speculation; see methodology.

Financial structure

Google lease-obligation backstop
$333M. Google backstops Fluidstack's lease obligations to support project-related debt for the Barber Lake build-out. press release

Regulatory paper trail

The filings and rules on record for this site and its jurisdiction, most recent first. Each is a sourced, dated artifact you can follow to the primary document.

Facilities at this campus

Timeline

  2. Aug 2026
    financial recorded
    incentive: Google lease-obligation backstop
  3. Nov 2026
    Current: Under construction

Sources

b9d40f4b-f4e6-4690-893f-7951c9c32832 · Tracked with DEPLOY's verified-vs-claimed methodology. Every term is defined in the glossary. Announced numbers are claims, not built capacity.

Head-to-head

Barber Lake vs Black Pearl →Barber Lake vs CyrusOne DFW10 Whitney / Thad Hill Powered Land →Barber Lake vs Matrix Data Center Campus →Barber Lake vs Fermi America HyperGrid →Barber Lake vs Galaxy Helios Campus →

Common questions

What is Barber Lake?
Barber Lake is an AI data center campus tracked on the DEPLOY registry, located in Colorado City. DEPLOY records its capacity as a dated, sourced ledger: announced gigawatts versus actually energized gigawatts, never a press-release total.
Who is building Barber Lake?
Cipher Digital Inc. is recorded as a party to Barber Lake on the DEPLOY registry.
Is Barber Lake operating yet?
As of the most recent verification on the DEPLOY registry, Barber Lake is under construction. DEPLOY tracks the lifecycle from announced through energized, so the current state reflects sourced evidence, not the original announcement.
How verified is the data on Barber Lake?
This record has been checked against its cited sources by automated agents for the indexed registry; it has not been individually reviewed by a person. Every capacity figure is an append-only, dated claim resolved to the highest-evidence tier; superseded claims are kept but excluded from the current view.

Deploy Watch

Track Barber Lake on Deploy.

We notify you when energized capacity, lifecycle state, or a new dated capacity claim changes against primary-source evidence, not when the developer issues a press release.

Cite this page

DEPLOY. (2026). Barber Lake: AI data center campus record. Retrieved November 12, 2026, from https://registry.deploy.report/datacenters/cipher-barber-lake-colorado-city-texas

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CC BY 4.0

The verified data on this page is available under a Creative Commons Attribution 4.0 license: reuse the facts freely, with attribution to DEPLOY (deploy.report). The prose, design, and any imagery are not included and keep their own rights.

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