Texarkana College Awards Financial Services Contract to Exso Llc Dba Energyx (May 2026)

Texarkana College Board approved a 10-year property tax abatement agreement with EXSO, LLC (EnergyX) for a new lithium carbonate demonstration facility with an estimated $900 million to $1 billion in new construction and equipment. The abatement follows the college’s standard declining-percentage schedule and supports significant job creation in Bowie County.

Document date · May 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property)

Contract type

FINANCIAL_SERVICES

Contract term

10 years; 90% abatement years 1-6, 60% year 7, 40% year 8, 20% year 9, 10% year 10

Renewal

Ten-year abatement with a declining percentage schedule: 90% for years 1-6, 60% for year 7, 40% for year 8, 20% for year 9, and 10% for year 10, consistent with Board policy; no explicit renewal options stated.

Document type

Minutes

Source document

Texarkana College Official Board of Trustees Meeting Minutes 2026-05-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Texarkana College?

Exso Llc Dba Energyx was awarded this financial services contract by Texarkana College, as recorded on May 18, 2026. The contract value is Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property).

How much is the Exso Llc Dba Energyx contract with Texarkana College worth?

The Exso Llc Dba Energyx contract with Texarkana College is valued at Property tax abatement on approximately $900 million to $1 billion in new construction and equipment (personal property), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Texarkana College Official Board of Trustees Meeting Minutes 2026-05-18 (Minutes), dated May 18, 2026 from Texarkana College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Exso Llc Dba Energyx hold?

Exso Llc Dba Energyx may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Exso Llc Dba Energyx's profile

What is Texarkana College currently buying?

Explore Texarkana College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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