Power-Ready Campuses
Built for AI and Hyperscale
THE PORTFOLIO
Building the Foundation for AI Compute
Yellowbox originates, permits, and owns power-first campuses that solve the most critical deployment constraint: power availability. Entitled land, air-permitted behind-the-meter generation, and grid-ready design, live on timelines the grid can't match.

Project Lone Star
Overview: Project Lone Star is a 504-acre, power-first data center campus in the DFW region, developed to support large-scale AI and hyperscale deployments.
Site & Entitlements:
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504 acres of entitled land in Cleburne, Texas
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Air permits in place supporting up to 500 MW gross of behind-the-meter generation starting in 2028
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An additional 500 MW gross from the grid scales starting in 2028/29 through 2033
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Civil and site development permits in place
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Designed for phased, campus-scale development supporting 1 GW+
Power Strategy: Project Lone Star delivers a staged power approach starting in 2028 which enables near-term deployment while preserving long-term scale and grid integration.
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Phase 1a – BTM Natural Gas Power
Fuel cell generation of up to 500 MW gross at the Cleburne campus, air-permitted under TCEQ Standard Permit energizing each building on delivery timelines starting in 2028. -
Phase 1b – Grid Power
500 MW of grid power delivered through our retail utility partnership, with delivery in 2028/29 to support long-term baseload power and expanded capacity through 2033.
Status: Fully entitled site with grid alignment and air permits in place, targeting first building live in H2 2028, with phased expansion thereafter.
