• 

  

  38%

  −0.2%

  Project Leaves Maryland

  The most likely outcome is that the petition becomes a durable political and permitting obstacle, forcing the sponsor to abandon the Maryland site. The recent Amazon cancellation, local ballot restrictions, and broader state backlash make relocation to a more permissive market more likely than a quick reversal.

  Utilities −0.5% · Technology −0.3% · Industrials −0.3%

• 

  

  27%

  +0.2%

  Negotiated Revival

  The project could return if local officials extract enforceable concessions on water use, electricity sourcing, noise, tax payments, and community benefits. This path is plausible because counties still want some investment and job creation, but it would likely produce a smaller, more expensive project.

  Utilities +0.4% · Technology +0.3% · Industrials +0.2%

• 

  

  20%

  −0.1%

  Extended Legal Limbo

  The petition may not kill the project outright, but it can delay financing, power interconnection, and procurement long enough to erode project economics. This outcome fits the recent pattern of local opposition slowing data-center growth without always producing immediate cancellations.

  Utilities −0.3% · Technology −0.3% · Finance −0.1%

• 

  

  15%

  −0.1%

  Policy Hardens Statewide

  The petition could become a statewide political catalyst after voters already approved local data-center restrictions. Maryland may move from project-by-project disputes to formal limits on tax incentives, power commitments, and siting approvals.

  Utilities −0.3% · Technology −0.2% · Finance −0.2%

Each figure is the modeled move of the S&P 500 if it happens. For information only. Not investment advice.