MAT 1177
Project of Marathon Digital
Where it stands
MARA's subsidiary Volt Texas LLC acquired MAT 1177 LLC, which holds land rights in Matagorda County, Texas and a utility letter agreement for 2,000 MW. A September 2026 amendment made further payments depend on a Texas regulatory audit and on MARA electing to proceed after an interconnection study, and MARA posted a withdrawable $100M utility deposit. No construction, energization or signed tenant is reported. The site was projected to reach 1 GW by October 2027 and possibly 2 GW by Q2 2028, but ERCOT classes it as a 'Studied Load'.
2,000 MW planned
| Phase | MW | Status | Date | Source |
|---|---|---|---|---|
| Initial grid capacity (1 GW) | 1000 | planned | The site is projected to reach one gigawatt of grid capacity by October 2027 2026-09-15 View cached copy (2026-09-18)Live source ↗ | |
| Expansion to 2 GW total | 1000 | planned | with a potential expansion to two gigawatts by the second quarter of 2028, subject to approval from ERCOT, the Texas grid operator. 2026-09-15 View cached copy (2026-09-18)Live source ↗ |
Assessed November 1, 2026 from the newest filings, releases and reporting that name this project (newest relied on: October 28, 2026).
Capacity
What has actually been delivered, against what has been promised. Each figure links to the statement it came from.
| Stage | Capacity | As of | Source |
|---|---|---|---|
| Energized power flowing today | -- | ||
| Contracted a customer is on the hook | 2,000 MW | 2026-09-25 | 2,000 MW power capacity secured |
| Under construction | -- | ||
| Permitted | -- | ||
| Interconnect approved utility has agreed to deliver | -- | ||
| Interconnect requested in a queue, nothing approved | 2,000 MW | 2026-10-06 | Texas site rights to 2,000 MW of power capacity |
| Announced a press-release figure | -- |