CRWV directional thesis
A buildout racer whose entire growth rides on bringing contracted power online on schedule takes the hit as moratoriums freeze permitting county by county and stretch every delivery date.
“Not what everyone was expecting in the Free State of Texas. Everything's bigger in Texas except for the data centers, which are getting smaller now that there is a county-level moratorium seeking to buy time for lawmakers to soften the blow of development across— sweeping across— what's the— what's the county? Hill County's commissioner— Hill County's commissioner vote— court voted 3 to 2 Tuesday to put a year-long moratorium on data center and power plant construction in unincorporated areas, citing an influx of as many as 8 data centers planned there, many of which could have— could have their own power plants.”37:24claim_id
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