Tract Announces Acquisition of 1,200 Acres in Hanover County, VA [Yahoo! Finance]
Dominion Energy, Inc. (D)
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Source: Yahoo! Finance
DENVER, CO, May 08, 2024 (GLOBE NEWSWIRE) -- Tract , the trusted partner for planning responsible technology infrastructure, today announced the acquisition of 1,200 acres in Hanover County, VA. Zoning and entitlements for the site were approved unanimously by both the Hanover County Planning Commission and Board of Supervisors earlier this year. At full build, Tract's Hanover Technology Park will support up to 2.4 GW of power capacity with Tract targeting site energization in 2028. “The US economy's demand for services provided from data centers continues to grow. We worked with the State of Virginia and Hanover County to responsibly site this project in an area planned for light industrial uses to maximize community benefits and minimize impacts to neighbors,” said Grant van Rooyen, CEO of Tract. “The public process made our application better, enabling a thoughtful investment that will bring tax revenue, hundreds of high-paying jobs for Hanover County and attract other technolog
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