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Part of Project Jupiter Watch — the public record of the $165B data-center deal in Doña Ana County, NM. New here? Start with the Film →

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Dossier · Organization

BorderPlex Digital Assets

verification: confirmed

The originating deal vehicle for Project Jupiter, which signed the state MOU and whose name is on the project's early commitments.

Conflicts of interest · 4

Flagged entanglements involving this party. Characterization on disclosed facts — see the full ledger and each party’s right of reply.

At a glance

Kind
Special-purpose entity (LLC or vehicle)
Role in the project
Developer
Jurisdiction
Private sector (no public jurisdiction)
Based in
Austin, TX
Verification
confirmed — Two independent accounts agree
In the record
5 sources · 23 connections · 6 dated entries
Record id
PJO4

Key facts

  • 2025-01-06Held an option on 400 acres of the Santa Teresa assembly from January 6, 2025, before the February MOU and the September bond vote.
  • 2025-02-25Signed a memorandum of understanding with the State of New Mexico on February 25, 2025.[1]
  • 2025-01-31Its SEC Form D, filed February 18, 2025, reports a first sale on January 31, 2025, in a $20.5 million Regulation D 506(b) raise.[2]
  • The Austin headquarters on its Form D is a WeWork virtual office, and its phone number carries a Houston area code.
  • 2025-03-20Announced a $5 billion Digital Infrastructure Campus on March 20, 2025.
  • Gave $98,325 across 2025 and 2026 to state legislators, The Speaker Fund and the Doña Ana County Democratic Party, per state campaign filings.

The record

BorderPlex Digital Assets — the originating deal vehicle. Form D HQ (600 Congress Ave Ste 15041, Austin) is a WeWork virtual office; phone is a Houston area code → a deal-structuring shell, not an operating company

Relationships · 23

In the timeline · 6

Claims involving them · 6

NMSU NDA required records-request notificationconfirmed
BorderPlex's captured lobbyist (per F Minus) is Jackson Walker L.L.P.caveated
The developers have given more than $272,000 to New Mexico politicians this cyclecaveated
What the project's companies gave, in the state's own filings (2025–26)primary-source
BorderPlex's political gifts, reported twice: by its lobbyist and by the recipientsprimary-source
Seven lobbyists, five registered employers: who is paid to advance the project in Santa Feprimary-source

In the Watch · 13

documentBorderPlex–State of NM MOU (Feb 25 2025)
documentNMSU–BorderPlex desal advisory agreement (Feb 25 2025)
documentGovernor's Feb 25 2025 BorderPlex press release
eventCounty declares Project Jupiter 'out of compliance' (Jun 24 2026)
promiseQuarterly job reports and environmental assessments will be filed.
promiseUp to 1,500 permanent jobs ($75k–100k) plus ~2,500–4,000 construction jobs.
promise$360M in PILOT payments over 30 years; first $50M of GRT to a community water fund; >$600M GRT to state/county.
promiseNo public money borrowed; no financial risk to county taxpayers.
eventBorderPlex Form D — first sale Jan 31 2025 (signed Feb 18, filed Feb 20)
eventBorderPlex announces $5B Digital Infrastructure Campus (Mar 20 2025)
eventNMSU–BorderPlex desal advisory agreement signed (Feb 25 2025)
eventBloom fuel cell pivot (Apr 27 2026)
promise$50M water-system investment + $10M to Sunland Park ($56.9M cumulative water/community commitments).

Sources · 5

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The decision was due July 21. Instead: a public hearing — first set for October, then moved up to September 14 at the applicant’s request — and a ruling due by November 23. A $165B question for one desert county, on a schedule that keeps moving. The clock above always shows the next date that matters. Until the ruling, and after, this is the public watch on how it’s being made.