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Cartis diligence evidence schedule

Monarch Compute Campus

PRJ-1069 · Site · Point Pleasant, West Virginia, United States

Record last updated Oct 28, 2026

Scope and capacity

Nscale’s Monarch campus is a proposed AI-infrastructure development on more than 2,250 acres in Mason County, West Virginia. Nscale describes a 1.35 GW first phase targeted for service in the 2027–2028 period, with a longer-term expansion path above 8 GW and planned capital investment exceeding $20 billion. Microsoft has signed a non-binding letter of intent for up to 1.35 GW of compute capacity, so neither that amount nor the 8 GW expansion ceiling is operating capacity. Delivery depends on power, microgrid, customer, financing and construction milestones.

Headline: 8,000 MW Planned / design

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.

Location context · Monarch Compute Campus | Point Pleasant | West Virginia | US

Actual · Monarch Compute Campus (Project)

Claim 70248 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Lifecycle status · Preconstruction

Actual · Monarch Compute Campus (Project)

Claim 70249 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Reported capacity · 8,000 MW

Planned / design or future potential · Monarch Compute Campus (Project)

Claim 70250 · Recorded claim type: Design · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Capacity basis · 8,000 MW future full build site capacity; not measured operating IT load.

Actual · Monarch Compute Campus (Project)

Claim 70251 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Location context · Monarch Compute Campus | Point Pleasant | West Virginia | US

Actual · Monarch Compute Campus (Project)

Claim 74377 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Lifecycle status · Preconstruction

Actual · Monarch Compute Campus (Project)

Claim 74378 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Reported capacity · 8,000 MW

Planned / design or future potential · Monarch Compute Campus (Project)

Claim 74379 · Recorded claim type: Design · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Capacity basis · More than 8,000 MW is a long term expansion path; Phase 1 is 1,350 MW and remains planned.

Actual · Monarch Compute Campus (Project)

Claim 74380 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Site area · 2,250 acres

Actual · Monarch Compute Campus (Project)

Claim 74381 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Reported investment · $20,000,000,000

Reported rounded · Monarch Compute Campus (Project)

Claim 74383 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Monarch Compute Campus project source

    Nscale · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-3989 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/ai-infrastructure/monarch

Commercial status · Microsoft letter of intent; non binding

Reported rounded · Monarch Compute Campus (Project)

Claim 74384 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Nscale announces West Virginia AI factory

    Nscale · Document date: May 13, 2026 · Primary

    Source reference: SRC-4209 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nscale.com/press-releases/nscale-west-virginia-ai-factory

Counterparties and capital

Microsoft · Customer · CMP-0017

Nscale · Developer · CMP-0393

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.