Tract Capital Management

Data Center Signal is tracking 3 clips about Tract Capital Management data center developments across 1 states, including NV.

3Clips

1States

States

Topics

electricity100%

announcement67%

government67%

legal33%

News ClipNevada Globe·Reno, Washoe County, NV

NV Energy Sues Data Center Developer in First-of-Its-Kind Fight Over AI Power Buildout

Nevada's largest electric utility, NV Energy, has filed a landmark federal lawsuit against data center developer Tract Capital Management. The dispute centers on who should pay the multi-billion-dollar cost of expanding energy infrastructure to support Tract's planned 2+ gigawatt data center campuses near Reno. NV Energy argues these costs should not be passed on to existing ratepayers, while Tract contends NV Energy failed to plan for regional power demand and is launching a public relations campaign.

legal electricity

8/7/2026

News ClipNevada Appeal·Storey County, NV

Data center firm working on 2 campuses at Tahoe Reno Industrial Center

Fleet Data Centers, a subsidiary of Tract Capital Management, has broken ground on its second data center campus at Tahoe Reno Industrial Center in Nevada, investing $10 billion across two projects, South Valley and Peru Ridge. These campuses will provide a combined 400 megawatts of critical compute power. Additionally, Fleet Data Centers has applied to the Public Utilities Commission of Nevada for a temporary 144MW natural gas-fueled power facility for the South Valley campus to accelerate power delivery.

announcement electricity government

6/9/2026

News ClipNorthern Nevada Business Weekly·Storey County, NV

Fleet Data Centers breaks ground on 2 facilities

Fleet Data Centers, a subsidiary of Tract Capital Management, has broken ground on two new mega-scale data center campuses, South Valley and Peru Ridge, in the Tahoe Reno Industrial Center, Storey County, Nevada. These projects represent a $10 billion investment and will provide a combined 400 megawatts of critical compute power. The company has also filed an application for a temporary natural gas power facility to augment NV Energy's supply during the ramp-up phase.

announcement electricity government

6/2/2026