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Cartis diligence evidence schedule

DataBank Culpeper IAD5–IAD6 Campus

PRJ-1303 · Site · Culpeper, Virginia, United States

Record last updated Oct 29, 2026

Scope and capacity

DataBank is developing a two-building campus at Culpeper, Virginia, comprising IAD5 and IAD6. The published critical IT designs are 72 MW and 120 MW respectively, giving a planned campus total of 192 MW. A 300 MW Dominion substation is a separate utility-design figure and is not added to the IT total. On pages marked updated 5 May and 25 September 2026, DataBank respectively described a 72 MW building under construction alongside a planned 120 MW building, and the Culpeper campus as being built. These page dates are not construction-event dates; neither report confirms commissioning. The buildings remain one campus profile rather than two separate projects. A verified current commissioning announcement, occupied capacity, exact legal title and campus-specific purchase price or financing amount were not established in the reviewed primary sources.

Headline: 192 MW Planned critical IT

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Jump to a claim (8)

Target IT capacity MW · 192 MW

Planned / design or future potential · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 160835 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. DataBank Buys 85 Acres in Northern Virginia

    DataBank · Document date: Nov 14, 2023 · Corroborating

    Source reference: SRC-8150 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/resources/press-releases/databank-purchases-85-acres-of-land-in-northern-virginia-for-new-data-center-campus/

  2. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Site location · 14601 Germanna Highway, Culpeper VA 22701. Both IAD5 and IAD6 share this operator listed campus address; 85 acres.

Reported rounded · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 160836 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Land and site control context · 85-Acre land acquisition announced November 2023. Original three building concept changed to current two building campus; retain historical change.

Reported rounded · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 160837 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. DataBank Buys 85 Acres in Northern Virginia

    DataBank · Document date: Nov 14, 2023 · Corroborating

    Source reference: SRC-8150 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/resources/press-releases/databank-purchases-85-acres-of-land-in-northern-virginia-for-new-data-center-campus/

  2. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Iad5 design IT capacity MW · 72 MW

Forecast · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 160838 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Iad6 design IT capacity MW · 120 MW

Forecast · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 160839 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Reviewed cul tax context · Culpeper County’s 14 November 2023 announcement identifies the DataBank location as eligible for Technology Zone incentives. The county’s 2026 guide describes a conditional return of 40% of new taxes paid for five years, requiring $10 million of newly assessed property and 10 new employees at the prevailing average wage. The policy requires performance before repayment and taxes actually paid on qualifying assessed property. Campus qualification, an executed incentive agreement and actual reimbursements were not verified in this review.

Source report · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 162675 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Culpeper County incentives guide 2026

    Culpeper County · Document date: Not stated · Primary

    Source reference: SRC-8351 · Government record · Recorded authority: Official primary

    Source URL

    https://chooseculpeper.com/wp-content/uploads/2026/03/Culpeper-County-Incentives-2026.pdf

  2. DataBank chooses Culpeper County — Technology Zone eligibility

    Culpeper County · Document date: Nov 14, 2023 · Primary

    Source reference: SRC-8350 · Government record · Recorded authority: Official primary

    Source URL

    https://chooseculpeper.com/culpeper-tech-zone/databank-chooses-culpeper-county/

Reviewed cul areas context · The current operator campus page lists 613,152 IT sq ft in total, split between IAD5 at 229,932 and IAD6 at 383,220, separately from approximately 1.4 million raw sq ft for the two building campus. These are planned areas, not completed or occupied space.

Source report · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 162676 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Culpeper Campus Expansion at DataBank

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8149 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/data-centers/northern-virginia/culpeper-campus/

Reviewed cul construction context · On pages marked updated 5 May and 25 September 2026, DataBank respectively described a 72 MW building under construction alongside a planned 120 MW building, and the Culpeper campus as being built. These page dates are not construction event dates; neither report confirms commissioning.

Source report · DataBank Culpeper IAD5–IAD6 Campus (Project)

Claim 162677 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Building careers alongside data centers in Culpeper

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8348 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/resources/blogs/building-careers-alongside-data-centers-in-culpeper/

  2. Behind your digital life — Culpeper construction context

    DataBank · Document date: Not stated · Primary

    Source reference: SRC-8349 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.databank.com/resources/videos/behind-your-digital-life/

Counterparties and capital

DataBank · Developer, Operator · CMP-1675

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.