Nevada: Tract, developers of data-storage centers, plans to invest $100 billion into Storey County facilities in next decade

Tuesday, June 25, 2024 3:12 PM
  • Ray Hagar, Nevada Newsmakers

Tract, a company based in Denver, Colo., which develops master plans and builds infrastructure for data-storage centers, will invest $100 billion into Storey County over the next 10 years, CEO Grant van Rooyen said recently on Nevada Newsmakers.

Van Rooyen told host Sam Shad that his company has already secured thousands of acres of land and large amounts of power and water for the planned growth of the data-storage centers just east of Reno and Sparks.

“We have 11,000 acres,” van Rooyen said. “We’ve also procured, under contract, 2,025 megawatts. That’s just over two gigawatts of electricity.

“And by the time we’ve fulfilled the construction and the development that goes along with utilizing that two gigawatts, the total development value, or the capital involvement bringing that to life, will be approximately $100 billion,” he said.