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Vantage NV1 Reno Campus

Sparks / Reno market, Nevada, United StatesUnder construction
Evidence
Planned critical IT
224 MW
Updated
Oct 28, 2026
Utility
NV Energy

Vantage announced a four-building, 224 MW AI campus in Storey County, Nevada in July 2025. The operator continues to list the first facility for a second-quarter 2026 opening.

Capacity

Critical IT load

Planned / design or future potential

224 MW

Source

On site substation capacity

Forecast

500 MW

Source

Power density range

Reported rounded

360 To 720+ W/ft²

Power density; not a whole-site capacity

Source

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

NV1 first facilityPlanned

1 building

The first two buildings were described as fully leased at announcement, but only the first had a target opening.

NV1 second facilityPlanned

1 building

No opening or capacity allocation is inferred.

NV1 full campusPlanned

4 buildings

Full-campus envelope, not operating capacity.

Milestones (2)
Vantage announces NV1 and first-two-building lease status

Jul 15, 2025 · Recorded actual event

Completed · Announced

Source not linked
Current page retains a future opening target

Q2 2026 · Recorded actual event

Completed · Forecast completion

Source not linked

Participants

Vantage Data Centers

Operator

Sources by role
Other participants (3)
NV Energy

Utility provider

Sources by role
Utility provider (1)
Storey County

Government authority

Sources by role
Government authority (1)
Government authority (1)

Capital & incentives

Capital claims and financing records may overlap. Their amounts are not added together.

Capital claims

Project investment

Transaction scope

$nearly 3000000000

Source

Financing records

Investment commitment

Amount not disclosed

Jul 15, 2025

Nearly $3B planned campus investment; no lender, close or spent-to-date allocation disclosed. Source wording: nearly USD 3 billion.

Parties & sources

Vantage Data Centers (Sponsor)

Site & development

Development status

Actual

Construction / delivery unverified

Source

Site area

Actual

137 acres

Source

Building count

Forecast

4 facilities

Source

Gross area

Forecast

1,100,000 square feet

Source

First two buildings lease status

Actual

Fully leased

Source

Technical specifications

Power provider

Forecast

NV Energy

Source

Cooling design

Design

Closed loop chilled water with liquid cooling option

Source

Additional project facts

First facility target opening

Forecast

2026-Q2

Source

Infrastructure & permits

Technical details (4)
Electric grid

Planned or represented

224 MW IT

Four-building campus envelope; not current live capacity.

Electric grid

Planned or represented

500 MW utility

Current page uses future tense; utility basis, not IT load.

Compute and platform system

Planned or represented

AI design range, not aggregate capacity. Source wording: 360–720+ W/ft². Canonical capacity is blank because this is a design range with an open upper bound, not one additive value.

Cooling system

Planned or represented

Closed-loop chilled water with optional liquid-to-liquid/CDU support.

Public-source research. Plans may change. See Evidence for sources and qualifications.

Related projects (1)
Switch Tahoe Reno Citadel Campus

Operating · Tahoe Reno Industrial Center, Nevada, United States

Shared participant: NV Energy · Shared participant: Storey County · Same market: Nevada, United States

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