{"generated_at": "2026-11-07T09:42:33.402715+00:00", "key_stats": {"computed": "2026-11-07T08:50:21.744605+00:00", "constraint": null, "dcpi_score": 36.5, "excess": null, "facility_count": 8, "mw_reporting_count": 0, "name": "Billings", "recent_deals": [], "slug": "billings", "state": "MT", "top_operators": [{"count": 2, "name": "Iconnect Montana Billings"}, {"count": 1, "name": "Cogent Communications, Inc."}, {"count": 1, "name": "Parsec Data Management, Inc"}, {"count": 1, "name": "Unknown"}, {"count": 1, "name": "YRIX"}], "total_mw": 0.0, "verdict": "AVOID"}, "model": "claude-haiku-4-5", "name": "Billings", "narrative_md": "The market has attracted regulatory attention, including ongoing litigation at the county commissioner level and federal agreements affecting infrastructure development in the region. No recent power or facility deals have been tracked in this market.\n\nThe DCPI verdict reflects a fundamental tension in Billings' power profile. This divergence\u2014abundant supply coupled with high structural barriers\u2014means new entrants or operators seeking to add load should anticipate significant friction in connecting to or expanding within the grid.\n\nOperator concentration among five named entities across 8 facilities suggests a fragmented but stable incumbent base, with Iconnect Montana Billings holding the largest single footprint at 2 sites. The absence of tracked recent deals indicates no active M&A, asset transfers, or power-backed facility transactions in the near term. This stasis contrasts with sector-wide deal flow but mirrors dormancy observed in peer markets like Des Moines and Bluffdale, where transaction volume has similarly flatlined despite underlying infrastructure assets.\n\nBillings' power and supply outlook will depend on resolution of the regulatory and community friction currently documented in county-level disputes and ongoing federal infrastructure negotiations affecting the region.", "slug": "billings", "word_count": 269, "_gated": true, "_locked_fields": ["constraint", "constraint_score", "excess", "excess_power_score", "time_to_power_months", "top_opportunities_json", "top_risks_json"], "_upgrade_cta": "BUILD/CAUTION/AVOID verdicts, the composite score and the market list are free. The DCPI sub-scores (excess-power, grid-constraint, time-to-power) and risk/opportunity detail unlock with the DC Hub plan with every tool: https://dchub.cloud/pricing."}