Lambda plans an Oklahoma data center and says it will pay all its own power costs
The project is plans only, with no capacity or investment disclosed; the ratepayer and closed-loop cooling commitments are the trackable terms.
Original event 2026-09-27
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Lambda announced on September 27 that it plans to build a new data center at MidAmerica Industrial Park in Mayes County, Oklahoma.
The announcement commits Lambda to paying 100 percent of the facility's electricity costs under the state's ratepayer protection law, rather than passing them to local residents, and to using closed-loop cooling to cut water use. The company says the project is expected to pay an estimated $500 million in taxes over ten years, a figure based on current rates.
No investment amount, compute capacity or opening date was disclosed. Construction is expected to create about 1,000 jobs and up to 100 permanent positions, also estimates. The project is at the planning stage, and its eventual scale and schedule depend on future disclosures.