Zone Frontier Inc. Signs Long-Term Ground Lease with Purchase Option for more than 4,000 Acres in Potter County, Texas
Key Highlights
- ➤4,077-acre Texas ground lease secures land, water and development rights
- ➤Texas campus targets initial 200 MW, with potential expansion beyond 500 MW
- ➤Lease spans 30 years, with two 10-year extension options
- ➤Purchase option covers the Texas data center site, subject to conditions
- ➤Base rent begins when construction starts on each designated site area
Expert Statements
Tyler Hassen, Chief Executive Officer of Zone Frontier
“This agreement gives Zone what matters most in AI infrastructure: land at scale, a faster path to power, and water, all secured under one long-term agreement with tremendous option value.”
Tyler Hassen, Chief Executive Officer of Zone Frontier
“The attractive lease structure allows us to advance tenant acquisition, power and permitting work in a disciplined sequence, without committing any significant capital before the key pieces are in place.”
Tyler Hassen, Chief Executive Officer of Zone Frontier
“We are now focused on securing tenants, advancing permitting, and completing power and interconnection studies for the site.”
Zone Frontier Inc. Signs Long-Term Ground Lease with Purchase Option for more than 4,000 Acres in Potter County, Texas PR Newswire
* Base rent for each site area does not commence until the start of construction on that area, which Zone currently plans to begin after securing a tenant * Lease has an initial term of 30 years, with two 10-year extension options * Site allows for up to 800 acres of data center development with potential to be over 500 megawatts * Opportunity to build a faster path to first power with a large-scale on-site solar and battery plant * Supported by a long-term water supply agreement and an option to purchase the data center site HOUSTON, Sept. 29, 2026 /PRNewswire/ -- Zone Frontier Inc. (NYSE American: ZONE) (the "Company" or "Zone Frontier") today announced that a subsidiary has entered into a long-term ground lease covering approximately 4,077 acres in Potter County, Texas. The lease secures the land, water and development rights for Zone's previously announced West Texas data center campus, which is being developed in partnership with HST Technologies, Inc., the AI infrastructure platform provider behind Cue®.
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