Tract completes acquisition of 2,200 acres in Storey County, teams up with NV Energy for 2 GW power

Tract, a developer specialising in master-planned data centre parks, has recently acquired over 2,200 acres of land within the Tahoe-Reno Industrial Centre (TRI) in Storey County, NV. This extensive land parcel consists of two distinct areas, known as the Peru Shelf and South Valley. Furthermore, Tract has secured control over 1,100 acre-feet of water rights and has agreements in place with NV Energy to provide more than two gigawatts of power starting in 2026.

The greater Reno area has established itself as a prominent data centre hub, attracting major players such as Google, Apple, and Microsoft, along with wholesale providers like EdgeCore and NOVVA. These companies recognise the advantages of direct long-haul fibre connections to the Bay Area, offering low latency of just three milliseconds, while also benefiting from lower power costs, reduced taxes, lower risks, and fewer regulatory constraints compared to California.

“We look forward to working with Tract on their future plans for northern Nevada and welcome them to the state,” said Governor Joe Lombardo. “As the Nevada economy continues to diversify, technology companies will be a key component of our growth.”

A key success factor in building a hyperscale data centre ecosystem is scalable utility power. Tract has engaged with NV Energy to develop a long-term plan to bring over two gigawatts of electricity to the two Tract sites. “We have been working with Tract for nearly a year now and are excited to partner with them on these projects,” explained NV Energy President and CEO Doug Cannon. “These data centre parks will be some of the biggest consumers of energy on our system. Tract’s approach of long-range planning allows us to engage and collaborate early to ensure reliable, affordable and sustainable power will be delivered.”

“We appreciate the relationships we have built with NV Energy, Storey County, TRI and the State of Nevada. We look forward to building on those partnerships for decades to come,” noted Grant van Rooyen, CEO of Tract. “Our customers are facing challenges resulting from their rapid growth. We believe our master-planned, shovel ready campuses will allow them to leverage our investments to gain the speed and certainty that they prioritise.”

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