Skip to content
CARTIS
← Return to profile

Cartis diligence evidence schedule

Vantage NV1 Reno Campus

PRJ-0583 · Site · Sparks / Reno market, Nevada, United States

Record last updated Oct 28, 2026

Scope and capacity

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.

Headline: 224 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.

Development status · Construction / delivery unverified

Actual · Vantage NV1 Reno Campus (Project)

Claim 53245 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Site area · 137 acres

Actual · Vantage NV1 Reno Campus (Project)

Claim 53246 · Recorded claim type: Actual · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Building count · 4 facilities

Forecast · Vantage NV1 Reno Campus (Project)

Claim 53247 · Recorded claim type: Forecast · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Gross area · 1,100,000 square feet

Forecast · Vantage NV1 Reno Campus (Project)

Claim 53248 · Recorded claim type: Forecast · Review: Approved · Claim date: Jul 15, 2025

  1. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Critical IT load · 224 MW

Planned / design or future potential · Vantage NV1 Reno Campus (Project)

Claim 53249 · Recorded claim type: Forecast · Review: Approved · Claim date: Jul 15, 2025

Headline treatment: Selected headline

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

First two buildings lease status · Fully leased

Actual · Vantage NV1 Reno Campus (Project)

Claim 53250 · Recorded claim type: Actual · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Primary

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

First facility target opening · 2026-Q2

Forecast · Vantage NV1 Reno Campus (Project)

Claim 53251 · Recorded claim type: Forecast · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

On site substation capacity · 500 MW

Forecast · Vantage NV1 Reno Campus (Project)

Claim 53252 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Separate claim, not added to the headline

  1. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Power provider · NV Energy

Forecast · Vantage NV1 Reno Campus (Project)

Claim 53253 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

  1. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Project investment · $nearly 3000000000

Transaction scope · Vantage NV1 Reno Campus (Project)

Claim 53254 · Recorded claim type: Transaction scope · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Primary

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

Power density range · 360 To 720+ W/ft²

Reported rounded · Vantage NV1 Reno Campus (Project)

Claim 53255 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Cooling design · Closed loop chilled water with liquid cooling option

Design · Vantage NV1 Reno Campus (Project)

Claim 53256 · Recorded claim type: Design · Review: Approved · Claim date: Jul 15, 2025

  1. Vantage Data Centers Invests $3 Billion to Deliver AI Campus in Growing Nevada Market

    Vantage Data Centers · Document date: Jul 15, 2025 · Corroborating

    Source reference: SRC-2858 · Company announcement · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/news/vantage-data-centers-invests-3-billion-to-deliver-ai-campus-in-growing-nevada-market/

  2. Reno NV1 Data Center Campus

    Vantage Data Centers · Document date: Not stated · Primary

    Source reference: SRC-2857 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://vantage-dc.com/data-center-locations/north-america/reno-nevada/

Counterparties and capital

Economic Development Authority of Western Nevada · Government authority · CMP-1354

NV Energy · Utility provider · CMP-0646

Storey County · Government authority · CMP-0649

Vantage Data Centers · Operator · CMP-0109

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.

Vantage Data Centers (Sponsor)

Sources (1)

Financing record 166; claim-specific source links appear in the exhibit sources where published.

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.