Fleet Data Centers South Valley and Peru Ridge Campuses

Fleet Data Centers (filed as Tract). Under construction. 230 MW.

Fleet Data Centers, backed by a 4.6 billion dollar senior secured notes deal, broke ground on two adjacent campuses (South Valley and Peru Ridge/Peru Shelf) within Tract's Tahoe Reno Industrial Center land position in Storey County, targeting a combined 230 megawatts of critical compute power in an initial phase. Tract controls well over 1,000 additional acres nearby for further expansion. In September 2026 Fleet won conditional approval from the Public Utilities Commission of Nevada to build two private natural gas power plants as bridge power for the campuses, a 144 megawatt South Valley Energy Generation Facility and a 218 megawatt Peru Ridge Self-Generation Project, meant to run 2 to 3 years until NV Energy can serve the site directly; the approval still needs sign-off from the Nevada Division of Environmental Protection and Storey County.

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Status: Under construction
Operator: Fleet Data Centers
Applicant on record: Tract
Location: Tahoe Reno Industrial Center, Storey County, NV, Sparks, Storey County, NV
Size: 230 MW
Cooling: Not reported
Utility: NV Energy
First reported: 2026-06
Last updated: September 28, 2026

What happens next

The site is under construction. The next step is opening.

Sources

Public Utilities Commission approves gas plants to power data centers, Nevada Current, 2026-09-18
Fleet Data Centers breaks ground on 2 facilities, Northern Nevada Business Weekly, 2026-06-02
Fleet Data Centers closes $4.6bn in senior secured notes for 230MW Storey County campus, Data Center Dynamics, 2026
Data center firm working on 2 campuses at Tahoe Reno Industrial Center, Nevada Appeal, 2026-06-09

What it would mean nearby

The cooling design has not been reported. If it uses evaporative cooling, a 230 MW facility would draw roughly 729,000 to 2.6 million gallons of water a day, about what 8,400 households use.

2026 fuel cost filings is pending; NV Energy says it would take about $4 to $6 off a typical monthly bill. Nothing here changes a bill today. What matters is whether the large load contract survives intact; if it is weakened, the cost of plants built for data centers starts showing up in the next general rate cases around 2027 and 2028. Sierra Pacific 2024 general rate case (docket 24-02026) adds about $2.00 a month to a typical bill from October 2024.

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