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Forbes Daily Briefing

This Daring Developer Wants To Power America’s AI Future

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 22 February 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

Empty land, cheap natural gas and energy-hungry data centers drew Nate Franklin to dream up an 8,400-acre power complex in West Texas. Now all he needs is the $12 billion to build it and the hyperscalers—and he likes his odds.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Sunday, February 22nd.

0:06.0

Today on Forbes, this daring developer wants to power America's AI future.

0:13.0

Nate Franklin, CEO of Pacifico Energy, has a grand plan to build the nation's largest electric

0:20.0

power generating complex on 84 acres of flat West Texas scrub desert in desolate, sparsely populated, Pacas County.

0:29.2

There's only about 14,000 people spread over 4,800 square miles there.

0:34.8

Franklin has got an option on the land and has already received air emission permits

0:38.9

from the Texas Commission on Environmental Quality, giving Pacifico the green light to erect dozens

0:44.2

of natural gas turbines, generating 7.5 gigawatts of power. The complex he envisions will also

0:51.5

include solar panels, producing 750 megawatts of power,

0:55.9

plus batteries with a storage capacity of 1.8 gigawatt hours, and will put out sufficient juice

1:01.8

to power 5 million Texas homes, or enough for all of New York City on most days.

1:08.5

What Franklin doesn't have yet is the $12 billion he estimates it will take

1:13.7

to build the power complex, or a commitment from the hyperscalers, the big cloud service providers

1:19.8

like Amazon, Microsoft, and Google, to build AI data centers to consume all that energy.

1:26.7

Those commitments are needed to shake loose the capital

1:29.0

to build his dream. Franklin, who is confident he'll get those commitments, says, quote,

1:34.9

the demand for this intelligence will justify all the power projects underway now.

1:41.0

The project, which Franklin has christened G.W. Ranch, might not be as far-fetched as it sounds,

1:47.7

considering that the hypers are expected to spend $650 billion in 2026 alone,

1:54.1

and that Elon Musk and others are talking about putting AI data centers in space to run on solar power.

2:00.6

Moreover, at a time when some local communities are rejecting data centers in space to run on solar power. Moreover, at a time when some local communities are rejecting data centers, in part because

2:05.8

of their energy consumption, Franklin intends to keep costs and opposition, low by staying

...

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