Northwire Canada EditionThursday, July 16, 2026
Northwire
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Production / Operations

Galaxy Completes ERCOT Interconnection Studies and Secures Approval for Additional 830 Megawatts at Helios Data Center Campus, Doubling Total Approved Power Capacity to over 1.6 Gigawatts

GLXY · Price

Executive Summary

  • Galaxy Digital received ERCOT approval for an additional 830 MW of power at its Helios data‑center campus, bringing total approved capacity to over 1.6 GW.
  • The approval doubles the campus’s power capacity and supports Galaxy’s multi‑tenant AI/HPC development strategy.
  • Galaxy will report Q4 and full‑year 2025 results on February 3, 2026, before market open.

Key Details

  • Completed a Large Load Interconnection Study (LLIS) and secured ERCOT approval for 830 MW of additional computing demand at Helios.
  • Total ERCOT‑approved, utility‑contracted power capacity at Helios now exceeds 1.6 GW, up from ~0.8 GW.
  • Service agreement executed with AEP Texas Inc. for the newly approved capacity; transmission interconnection provider is Wind Energy Transmission Texas, LLC (WETT).
  • Construction already underway on Phase 1 under a long‑term lease with CoreWeave, with initial power delivery expected in early 2026.
  • Galaxy is evaluating further power and land opportunities in Texas and other regions to expand its AI‑ready data‑center platform.
  • Upcoming financial disclosure: Q4 and full‑year 2025 results will be released on Tuesday, February 3, 2026 before the opening of Nasdaq and TSX.

Notable Quotes

“Securing this additional 830 MW approval from ERCOT is a watershed moment for Galaxy and affirms our position as an operator capable to execute hyperscale AI data‑center development,” – Mike Novogratz, Founder & CEO, Galaxy Digital Inc.

Read the original news release →

More from GALAXY DIGITAL INC CLASS A COMMON STOCK