{"generated_at": "2026-11-07T09:06:11.494206+00:00", "key_stats": {"computed": "2026-11-07T08:48:51.816569+00:00", "constraint": null, "dcpi_score": 48.4, "excess": null, "facility_count": 70, "mw_reporting_count": 5, "name": "Las Vegas", "recent_deals": [], "slug": "las-vegas", "state": "NV", "top_operators": [{"count": 12, "name": "Switch"}, {"count": 6, "name": "Flexential"}, {"count": 4, "name": "Unknown"}, {"count": 3, "name": "Flexential Corp."}, {"count": 2, "name": "Centurylink Las Vegas"}], "total_mw": 560.0, "verdict": "CAUTION"}, "model": "claude-haiku-4-5", "name": "Las Vegas", "narrative_md": "# Las Vegas Data Center Power & Supply Brief\n\nLas Vegas tracks 70 data center facilities totaling 560 MW across all development stages. Switch operates the largest footprint with 12 tracked sites, followed by Flexential and its affiliated entity with 9 combined facilities. CenturyLink Las Vegas maintains 2 tracked locations. The tracked portfolio spans operational, under-construction, and planned assets, reflecting ongoing infrastructure expansion in the region.\n\nThis combination signals mixed conditions for new power procurement. New entrants and existing operators expanding here face neither acute scarcity nor abundant slack\u2014power availability requires active management but does not present acute barriers to new project development.\n\nNo recent deals are currently tracked in the Las Vegas market, leaving deal flow visibility limited. The operator landscape remains dominated by Switch's significant presence alongside Flexential's multi-property footprint. Regional expansion activity has been documented in news coverage, with Switch publicly discussing plans for new data center builds in the Las Vegas Valley and city officials reviewing expansion approvals. Regulatory activity has also intensified, with Nye County implementing new development rules for potential data center projects, indicating heightened policy attention to the sector's growth trajectory in adjacent jurisdictions.\n\nGrid infrastructure evolution and regulatory clarity around future capacity will shape power availability for the next generation of Las Vegas data center projects.", "slug": "las-vegas", "word_count": 259, "_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."}