In a landmark decision, the Doña Ana County Commission has approved up to $165 billion in Industrial Revenue Bonds (IRBs) to support Project Jupiter. This approval marks the first major step toward developing a new data center campus in Santa Teresa, New Mexico. IRBs are a New Mexico tax abatement tool that will be applied against the company’s investments in buildings, equipment, and site infrastructure, including a microgrid, to support the project.
Project Jupiter is led by STACK Infrastructure and Borderplex Digital Assets. The project is expected to include four large data centers designed to run on an on-site microgrid to reduce demand on local utilities. Each building will use a closed-loop cooling system to minimize water use. The development is projected to create about 750 long-term jobs for residents in the New Mexico Borderplex region, along with over 2,500 construction jobs.
Borderplex Digital was originally announced by the State of New Mexico in February 2025 as a major digital infrastructure campus planned for Santa Teresa. MVEDA worked with the state and Doña Ana County to support the effort, which laid the groundwork for attracting Project Jupiter. By providing market and labor analysis, site information, and incentive information, the project team was able to evaluate the region and ultimately select southern New Mexico for the site. MVEDA’s work aligns with broader efforts to attract data-driven industries to the New Mexico Borderplex region, leveraging the area’s logistics advantages, workforce, and proximity to major U.S.–Mexico trade routes. This collaboration was key in positioning the region as a competitive location for large-scale digital and data operations.
The approval of IRBs for Project Jupiter signals increasing interest in the New Mexico Borderplex as a center for data infrastructure. The area offers available land, existing cross-border trade routes, and a growing pool of skilled workers. Local leaders see the project as a foundation for future growth in technology and related industries. It also marks the largest private investment in New Mexico’s history, reflecting long-term confidence in the region’s business climate.
On October 14, the Doña Ana County Commission is expected to vote on potential funding support through Local Economic Development Act (LEDA) incentives. This decision will be separate from the IRB approval and represents another step in the project’s development timeline.
