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CM Global Services announces Project Santos: 50 MW AI datacenter in ERCOT South, Texas.

50 MW incremental capacity validates Texas as primary datacenter region; ERCOT reliability becomes critical competitive factor.
Trade pressSlicast · July 24, 2026 · US · Source: Google News
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CM Global Services, LLC (CMGS) announced Project Santos on July 23, 2026, a plan to develop a 50-megawatt AI data center campus in the ERCOT South grid zone. CMGS is a long-standing strategic partner of Compass Mining, Inc. and provides logistics, hardware sales, and infrastructure services with a growing focus on AI infrastructure and site development. The announcement was made by Shanon Squires, Chief Mining Officer of Compass Mining, during a panel on bitcoin mining companies diversifying into AI infrastructure at the Energy Investors Forum.

Project Santos will be delivered in two phases. The first phase, a 7-megawatt Tier III facility purpose-built for AI inference workloads with 5 MW of IT load capacity, is targeted for completion by the end of the first quarter of 2027. A subsequent 43-megawatt expansion will bring the site to its fully planned 50-megawatt capacity.

"This is a disciplined next step for CM Global Services, drawing upon its expertise in standing up infrastructure, while Compass Mining simultaneously continues to be the gold standard in Bitcoin mining-related services," said Shanon Squires. "Bitcoin mining remains the core of Compass Mining. CMGS' Project Santos reflects the power infrastructure and site development discipline CMGS built over years, and we're pursuing this initiative on our own terms."

Vishnu Mackenchery, Managing Director at CMGS, added, "This is a new step forward for CMGS, as we continue building for the future. Project Santos marks our entry into AI infrastructure and inference, and we're charting our own path, moving fast to get there."

Project Santos is being developed as a GPU-as-a-Service (GPUaaS) platform. Rather than requiring customers to bring their own hardware, CMGS is securing NVIDIA GB300 Blackwell GPU capacity to offer directly to off-takers as dedicated, single-tenant or multi-tenant compute. The company targets AI enterprise organizations seeking dedicated capacity and is in active discussions with neocloud providers.

CMGS provides end-to-end logistics solutions, hardware procurement, and site-level execution for next-generation compute infrastructure. Compass Mining serves as a strategic partner and advisor to CMGS, supporting its growth across global logistics, hardware sales, and infrastructure services. As CMGS expands into AI infrastructure, Compass Mining's guidance shapes its strategic direction and execution.

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CM Global Services announces Project Santos:… · Slicast