Nvidia-Backed Data Center Construction
Sector: Power Generation (CCGT) • Location: Nevada, United States
Source: Bloomberg
Tract Capital is developing a large-scale data center project spanning over 30,000 acres from Nevada to Virginia. The project involves securing powered land with energy access needed for data centers, aiming to equip the land with power infrastructure and roads within five to seven years, and then selling it at a premium. The project is backed by a $3.8 billion junk bond sale arranged by JPMorgan
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Tract Capital is developing a large-scale data center project spanning over 30,000 acres from Nevada to Virginia. The project involves securing powered land with energy access needed for data centers, aiming to equip the land with power infrastructure and roads within five to seven years, and then selling it at a premium. The project is backed by a $3.8 billion junk bond sale arranged by JPMorgan Chase & Co., with Nvidia Corp. leasing an unbuilt data center in Nevada. The first batch of power is due by October 2027, with 200 megawatts expected by mid-2028. The project faces challenges related to securing electricity and infrastructure costs, with ongoing collaboration with local utilities. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |