Data Center View - July 22, 2025 - Novva announces 300K SF data center in Nevada

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NEWS ROUNDUP

DEVELOPMENT: Novva announces 300,000-SF data center in Nevada. Novva Data Centers has unveiled plans for Novva Tahoe Reno, a 300,000-square-foot data center to be built in Storey County, Nevada. The site was acquired in 2022 and will mark Novva’s fourth completed data center, joining facilities in North Las Vegas and other locations. “This facility embodies the core pillars our clients expect from Novva: cutting-edge innovation, robust security, sustainable design and exceptional amenities,” said Wes Swenson, Founder and CEO of Novva Data Centers. He added that Storey County’s strategic location near major western cities, renewable energy access, and favorable tax environment make it ideal for the company’s continued expansion in the region. The facility is expected to go live with new capacity in 2026.

DEVELOPMENT: BluSky AI secures 9.3MW power commitment and strategic land lease for Utah data center. BluSky AI has acquired its first operational site with 9.3 megawatts of power secured for its flagship modular AI data center in Central Utah. The milestone was achieved through a definitive Acquisition and Power Assignment Agreement with Digital Asset Management (DAM). As part of the deal, BluSky AI issued 20 million restricted common shares to DAM in exchange for exclusive access to competitively priced, grid-interconnected power for the full operational life of the facility. In parallel, BluSky AI signed a Ground Lease with an Option to Purchase with Wild Mustang Ventures, securing 51.6 acres of land. The lease carries an annual base rent of $90,000, accruing until lease expiry or exercise of the purchase option. With land and power now secured, BluSky AI is positioned to scale its modular AI compute infrastructure, with CEO Trent D’Ambrosio calling it a “foundational moment” that aligns the company’s sustainability, growth, and deployment goals.

DEVELOPMENT: University of Texas plans $3 million data center. The University of Texas is moving forward with plans to construct a new 4,568-square-foot data center within its College of Education building in El Paso, Texas. The privately funded project is budgeted at $3 million and includes first-floor renovations to accommodate the new facility and its associated infrastructure. While the University has not disclosed the expected IT capacity of the new data center, it adds to UT’s growing statewide data infrastructure.

M&A: CoreWeave to acquire Core Scientific in $9 billion deal. CoreWeave is acquiring Core Scientific in a $9 billion vertical acquisition aimed at scaling AI and high-performance computing (HPC) infrastructure. The deal adds 10 new data centers and 1.3 gigawatts of gross power capacity to CoreWeave’s portfolio. Just a year ago, CoreWeave attempted to buy Core Scientific for $1 billion—a bid that failed. Now, with rising demand for AI compute, the acquisition will allow CoreWeave to "verticalize its data center footprint", improving efficiency and control. The move also helps CoreWeave avoid over $10 billion in lease overhead it would have incurred at contracted sites over the next 12 years. CoreWeave CEO Michael Intrator said the acquisition “accelerates our strategy to deploy AI and HPC workloads at scale,” adding that owning Core Scientific’s infrastructure "significantly enhances operating efficiency" and "de-risks future expansion." The deal is expected to close in Q4 2025, with Core Scientific shareholders owning less than 10% of the combined company.

ENERGY: Google signs deal to buy 200MW of fusion power from CFS. Google has signed an agreement to purchase 200 megawatts of electricity from Commonwealth Fusion Systems (CFS), marking one of the first major commercial fusion power purchase agreements. CFS’s first commercial plant, ARC, is expected to come online in the early 2030s, making this deal a bold vote of confidence in fusion as a viable long-term source of clean, continuous energy.

READ: These 5 US states are best positioned for data center growth.

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