Tract Capital Management

Data Center Signal is tracking 7 clips about Tract Capital Management data center developments across 1 states, including NV.

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How Nevadans can weigh in on data centers, affordability, and the PUCN
News Clipktnv.com·Storey County, NV

How Nevadans can weigh in on data centers, affordability, and the PUCN

The Bureau of Consumer Protection is seeking public feedback on critical issues, including data centers and power generation. This comes as the Public Utilities Commission of Nevada (PUCN) recently approved, with conditions, the construction of two methane gas power plants in Storey County to address the power needs of data center developers, despite significant public opposition.

9/20/2026
Nevada utility commission approves data center power plan despite public outcry
News ClipThe Nevada Independent·Storey County, NV

Nevada utility commission approves data center power plan despite public outcry

A special meeting of the Public Utilities Commission of Nevada in Carson City saw significant public opposition to Fleet Data Centers' plan to power its Storey County facilities with large natural gas-fueled generators. Residents and medical professionals raised concerns about environmental and health risks, as well as the apparent conflict with state law and renewable energy standards. Despite the outcry, the commission ultimately approved the construction of the two private power plants.

9/20/2026
Nevada Regulators Approve Storey County Gas Plants Despite Two Hours Of Public Pushback
News ClipHoodline·Storey County, NV

Nevada Regulators Approve Storey County Gas Plants Despite Two Hours Of Public Pushback

Nevada's Public Utilities Commission conditionally approved two methane gas power plants in Storey County, proposed by data center developers, despite significant public opposition. The decision raises concerns about public engagement, environmental impact, and how data center energy demands are met outside of state climate laws. Legislators are now considering revisions to the commission's public hearing process to improve access.

9/19/2026
Nevada Utility Regulators to Review Private Gas Power Plants for Data Centers
News ClipThe Nevada Independent·Storey County, NV

Nevada Utility Regulators to Review Private Gas Power Plants for Data Centers

The Public Utilities Commission of Nevada is set to consider a request from Tract Capital Management and Fleet Data Centers to build private methane gas power plants for their data centers near the Tahoe Reno Industrial Center in Storey County. This proposal has sparked opposition from NV Energy, environmental activists, and a growing number of community members concerned about energy and environmental impacts. The developer seeks to bypass the traditional power grid while facing litigation with NV Energy and scrutiny over state renewable energy standards.

9/16/2026
NV Energy Sues Data Center Developer in First-of-Its-Kind Fight Over AI Power Buildout
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.

8/7/2026
Data center firm working on 2 campuses at Tahoe Reno Industrial Center
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.

6/9/2026
Fleet Data Centers breaks ground on 2 facilities
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.

6/2/2026