Data center profile · Cheyenne Business Parkway, Cheyenne, Laramie County, Wyoming

Related Digital Cheyenne

Related Digital's $1.2B, 302 MW IT campus on 115 acres in Cheyenne, Wyo., with CoreWeave leasing 88 MW in the first building, which is due to finish in late 2026

Phase 1 under construction. The first 184,000 sq ft building was nearing completion in June 2026 and CoreWeave's lease has not yet started. Later phases have not started, and no air permit for the backup generators has been found.
302 MW
critical IT at full build, developer says
a June 2026 company article says up to 420 MW, unexplained
88 MW
CoreWeave lease, phase 1 only
lease not yet started; rent and term not disclosed
$1.2B
campus investment, developer says
115 acres; first building on 36 acres
Late 2026
first building completion
reaffirmed June 2026; no slip announced
OperatorRelated Digital (Related Companies)
CustomerCoreWeave (88 MW lease, first building)
Planned IT capacity302 MW at full build-out (company IT figure)
First building in serviceOur estimate: 2029 or later (no dated power path yet); company says 2026.
Next deadlineDec. 2026: First building due to finish and CoreWeave's lease to begin
Power

Power and the grid

Contracted, size not disclosed

Sources on record, size not disclosed
Backup generators (emergency use, not a power supply)

Getting on the grid

Who supplies what, what it costs, and what is still not public.

  1. July 28, 2016
    Large-load tariff approved
    Wyoming regulators approve the large-power tariff the campus is served under. Utility regulator · Aug. 2017
  2. June 14, 2026
    Substation being expanded
    The developer is funding a new transformer at the Black Hills substation on site, stated at over $20M. Company · June 2026
Permits

Permits checklist

1 granted · 2 checked, nothing on file

Approvals a campus like this normally needs (including an air permit for backup generators), and what we found.

Risks

What could slow it down

Money

Money on record

$1.2B
campus investment, developer says
Phase 1 projected to generate over $250M in tax revenue over 15 years Company · Oct. 2025
$20M+
substation transformer funded by the developer
company statement Company · June 2026
$3.5M
affordable housing commitment
company statement Company · June 2026
Timeline

What happened, and what is due

SitePaper trailConstructionPowerPermitsMoneyLegalUpcoming
  1. Oct. 7, 2025
    Site Groundbreaking and first announcement: a $1.2B, 302 MW campus with CoreWeave as anchor tenant. Company · Oct. 2025
  2. May 26, 2026
    Permits Cheyenne council rejects a 12-month data center moratorium 8-1. News report · May 2026
  3. June 11, 2026
    Site Governor and mayor tour the site; the first building's walls are rising and over 400 workers are on site. Company · June 2026
  4. June 14, 2026
    Site The developer says the campus will ultimately deliver up to 420 MW for CoreWeave, above the 302 MW in its release. Company · June 2026
  5. June 2026
    Money CoreWeave's quarterly filing does not identify the lease or its value. SEC filing · June 2026
  6. Dec. 2026
    Site First building due to finish; CoreWeave's lease starts after. Company · June 2026
Construction activity

Since March 2026: 1 FAA filing (March 2026): a 256 ft crane. FAA · March 2026

The buildings

Specs

184,000 sq ft
first building, on 36 acres
700+ jobs
construction jobs projected; 40 permanent
400+ workers
on site in June 2026, over 700 at peak
Who is involved

Owners, partners and builders

Owner
  • Related Digital: developer and owner
  • Related Companies: parent
Customer
  • CoreWeave: anchor tenant, 88 MW
Power
  • Black Hills Energy (Cheyenne Light, Fuel and Power): utility
Build and local
  • Clayco: construction manager
  • Cheyenne LEADS: economic development partner
  • Wyoming Public Service Commission: sets the utility tariff
Still unknown

Open questions

Where this comes from

123 records from 19 documents

Drawn from company statements, state agency records, news reports, public and commercial datasets, utility regulator dockets and securities filings, each kept with its date and source. The bar shows documents by type.

Company 6State agency 4News report 4Dataset 3Utility regulator 2SEC filing 1
Evidence

Every quote behind this page

Grade key: A = the primary record itself (permit, filing, exhibit) · B = a dated official statement · C = news reporting. Map distances are our own measurements on OpenStreetMap and carry no grade. Allegations in lawsuits are marked as such in the quotes.

Power (25)
  • On-site generation: On-site backup generation and batteries are installed/required, but no capacity figure is published MW
    “the Customer must agree to provide backup service for the Customer's load and to maintain the reliability of the backup service”
  • Power plan: grid (CLFP LPCS pass-through energy) + customer-provided on-site backup capacity (backup generators and batteries)
    “This Rate Schedule is applicable for new or existing customer load interconnected with the Company's system with expected capacity requirements of 5,000 kW or greater”
  • Grid operator: none (Wyoming is not in an ISO/RTO; the CLFP system interconnects with the WAPA-LAP transmission system, WECC)
    “All Eligible Capacity Resources that are not located onsite must be interconnected either to the Company's system, the WAPA-LAP transmission system”
  • Registry status: UNDER CONSTRUCTION, NO PROJECT PERMIT IN EVIDENCE. Groundbreaking Oct 7, 2025 (Clayco; CoreWeave anchor, first building due late 2026) at Campstool Business Park / Cheyenne Business Parkway, east Cheyenn
    “Black Hills requested approval of the CPCN because its customer, the developer of the Switchgrass Industrial Park, requested wholesale electric service for a data center facility at the Switchgrass Industrial Park”
  • Name: Related Digital Cheyenne
    “Related Digital Breaks Ground on 302 MW Data Center Campus in Cheyenne, Wyoming”
  • Aliases: Related Digital Cheyenne Data Center Campus; Cheyenne Business Parkway campus
    “the first phase of a 115-acre campus in the Cheyenne Business Parkway with up to 302 MWs of critical IT capacity”
  • Utility service: No utility-basis MW figure is published for this campus in any source reviewed
    “Black Hills Energy will serve as the electric service provider for the initial phase”
  • Interconnection status: Service arranged under CLFP Rate Schedule LPCS via a Confidential Large Power Service Agreement (terms not public); the on-site Black Hills substation is being expanded with a new transformer fund
    “We're investing more than $20 million to purchase a new transformer and expand the existing substation to service this data center”
  • Water cooling: Air-cooled chillers plus a closed-loop direct-to-chip liquid cooling system; company states nominal water consumption (primarily domestic use) and no ongoing cooling makeup water
    “As long as the closed-loop system is kept tight and filled, there's essentially no ongoing makeup water required”
  • Governor/mayor site tour: first building's concrete walls rising and the phase nearing completion; about 80,000 ft of chiller pipe and 40,000 ft of medium-voltage conduit installed; 21,000 linear ft of underground utilit
    “Related Digital broke ground in October and has since installed about 80,000 feet of chiller pipes, 40,000 feet of medium-voltage conduits to feed the data center power”
  • A June 2026 tour article on the company's own site states the campus will ultimately deliver up to 420 MW of computational capacity for CoreWeave, larger than the 302 MW critical IT capacity in the formal release; unexp
    “Related's Cheyenne campus will ultimately deliver up to 420 megawatts of computational capacity for its client, CoreWeave”
  • IT capacity: 302 MW
    “marks the first phase of a 115-acre campus in the Cheyenne Business Parkway with up to 302 MWs of critical IT capacity”
  • Site acres: 115 acres
    “marks the first phase of a 115-acre campus in the Cheyenne Business Parkway with up to 302 MWs of critical IT capacity”
  • IT capacity: 88 MW
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • Interconnection status: Under construction (ground broken Oct 7, 2025; first building due late 2026); Black Hills Energy is the named utility partner and electric service provider for the initial phase (groundbreaking re
    “was joined today by Wyoming Governor Mark Gordon, Cheyenne Mayor Patrick Collins, CoreWeave, Clayco, Black Hills Energy, other development partners and local officials at the groundbreaking of a new $1.2 billion state-of-the-art data center”
  • IT capacity: 302 MW
    “up to 302 MWs of critical IT capacity”
  • IT capacity: 88 MW
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • Utility: Black Hills Energy (Cheyenne Light, Fuel and Power Company), electric service provider for the initial phase
    “Clayco will serve as construction manager and Black Hills Energy will serve as the electric service provider for the initial phase”
  • First announced: Oct. 7, 2025 (the groundbreaking release is the first public announcement located)
    “Related Digital Breaks Ground on 302 MW Data Center Campus in Cheyenne, Wyoming”
  • Groundbreaking and first public announcement: $1.2B campus on 115 acres in the Cheyenne Business Parkway, up to 302 MW critical IT at full build-out; CoreWeave anchor tenant at 88 MW; 700+ construction jobs and 40 perman
    “Phase I of the development is expected to generate over $250 million in tax revenue to the State of Wyoming and City of Cheyenne in its first 15 years of operations”
  • Developer portfolio context (NOT campus MW): Related Digital states a $45B development pipeline of more than 5 GW of near-term power across the United States and Canada
    “With a $45 Billion development pipeline of more than 5 gigawatts (GW) of near-term power across the United States and Canada”
  • Nearest power line of 345 kV or more: 5.12 km
    Measured on OpenStreetMap map data.
  • Nearest gas pipeline: 7.36 km (unnamed, operator not mapped); a nearer pipeline at 2.06 km carries no substance tag and is not counted as gas
    Measured on OpenStreetMap map data.
  • Nearest substation of 345 kV or more: 5.36 km
    Measured on OpenStreetMap map data.
  • up to 590 MW of grid service plus about 2.1 GW of managed third-party microgrid resources
    “Black Hills Corp. on Oct. 6 announced it has signed definitive agreements effective Sept. 30, 2026, with terms through 2048, to serve a planned Google data center to be constructed in Cheyenne, Wyoming”
Money and contracts (33)
  • electric service (LPCS): instrument Service is taken under a Confidential Large Power Service Agreement negotiated under Rate Schedule LPCS; the agreement itself is not public
    “If the parties agree through negotiations to electric service through this Rate Schedule, a Confidential Large Power Service Agreement (Agreement) will be executed”
  • electric service (LPCS): capacity requirement Customer must hold Eligible Capacity Resources of at least 115% of its actual peak monthly load served under the schedule; energy service is limited to the load covered by th
    “the Customer must have Eligible Capacity Resources, as defined in this Rate Schedule, that are greater than or equal to 115% of the Customer's actual peak monthly load served under this Rate Schedule”
  • electric service (LPCS): backup service Customer must provide and maintain backup service for its load through Eligible Capacity Resources (on the customer's property or delivered by firm transmission rights); all Eligib
    “the Customer must agree to provide backup service for the Customer's load and to maintain the reliability of the backup service”
  • electric service (LPCS): energy charges Capacity and energy procured or generated by the company on the customer's behalf are billed monthly at actual cost (pass-through), including transmission and ancillary charges
    “Capacity and Energy Charges - are the charges for the energy or capacity procured or generated by the Company on behalf of the Customer billed on a monthly basis based on actual energy or capacity costs”
  • electric service (LPCS): microgrid management fee Negotiated fee in $/kW-month based on the peak demand of the load served under the schedule, as defined in the service agreement; administrative costs are a formula $/kW-
    “Microgrid Management Fee – $/kWmo., negotiated rate based on the peak demand of the load served under this Rate Schedule for the customer as defined in the Agreement”
  • electric service (LPCS): air permits Customer must provide the associated air permits for backup generators owned by the customer (an Eligible Capacity Resource category)
    “Customers will need to provide the associated air permits for backup generators owned by the Customer”
  • electric service (LPCS): termination / minimum term FINDING: the public LPCS tariff sheets state no minimum term, early-termination charge or exit fee; any such terms sit in the Confidential Large Power Service Agreement
    “The electric service under this Rate Schedule is not applicable to temporary, standby, emergency, resale, shared, or incidental purposes”
  • data center lease: termination FINDING: no termination, cancellation or early-exit clause for this lease is disclosed in any public source reviewed (developer release; CoreWeave SEC filings)
    “As of June 30, 2026, the Company executed additional lease agreements, primarily for data centers, equipment, and office buildings, that had not yet commenced”
  • data center lease: value / rent FINDING: rent and lease value not disclosed; the lease is not separately identified in CoreWeave's Q2 2026 10-Q (no mention of Cheyenne or Related) and is at most inside the $35.5B aggrega
    “The aggregate amount of estimated future undiscounted lease payments associated with such leases is $35.5 billion”
  • Tenant status: Long-term lease signed for 88 MW of critical IT capacity in the first building; lease not yet commenced, building completes late 2026; CoreWeave's SEC filings do not identify the lease
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • Incentives: Wyoming sales/use tax exemption for data-processing-center equipment (W.S. 39-15-105(a)(viii); W.S. 39-16-105(a)(viii)) is available by statute: equipment tier requires over $2M of qualifying purchases in a y
    “This exemption is located within the economic incentive group of sales and use tax exemptions in the Wyoming statutes”
  • sales/use tax exemption (statutory): campus status (finding) FINDING: no Wyoming Business Council jobs certification, Dept. of Revenue exemption record, local tax abatement or development agreement naming Related Digital
    “the data processing services center must have received certification from the Wyoming Business Council that the business has created or will create a number of jobs in Wyoming”
  • community commitment: affordable housing 3500000 USD
    “They've also made a $3.5 million commitment for affordable housing in Cheyenne”
  • community commitment: interconnection investment 20000000 USD
    “We're investing more than $20 million to purchase a new transformer and expand the existing substation to service this data center”
  • Related states a $3.5M commitment for affordable housing in Cheyenne, alongside food-bank and Cheyenne Frontier Days support; the housing pledge was also referenced by the mayor at the Nov 25, 2025 council meeting (aggre
    “They've also made a $3.5 million commitment for affordable housing in Cheyenne, something Blau said he's particularly proud of doing”
  • Tenant status: CoreWeave - anchor tenant under a long-term lease for 88 MW of critical IT capacity in the first building; remainder of the 302 MW campus unleased in the sources checked
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • Project status: under construction
    “was joined today by Wyoming Governor Mark Gordon, Cheyenne Mayor Patrick Collins, CoreWeave, Clayco, Black Hills Energy, other development partners and local officials at the groundbreaking of a new $1.2 billion state-of-the-art data center”
  • Tenants: CoreWeave, Inc.
    “Initial 184,000-square-foot building, anchored by CoreWeave as first tenant, will provide 88 MWs of critical IT capacity.”
  • Tenant status: signed
    “Initial 184,000-square-foot building, anchored by CoreWeave as first tenant, will provide 88 MWs of critical IT capacity.”
  • Tenants: CoreWeave (anchor tenant, Phase 1)
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • Groundbreaking date: Oct. 7, 2025
    “other development partners and local officials at the groundbreaking of a new $1.2 billion state-of-the-art data center”
  • Stated capital cost: 1200000000 USD
    “groundbreaking of a new $1.2 billion state-of-the-art data center that marks the first phase of a 115-acre campus”
  • Tenant lease: execution
    “the groundbreaking of a new $1.2 billion state-of-the-art data center that marks the first phase of a 115-acre campus in the Cheyenne Business Parkway with up to 302 MWs of critical IT capacity”
  • Tenant lease: capacity 88 MW critical IT
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity.”
  • Tenant lease: delivery
    “The first data center building will occupy 184,000 SF on 36 acres and is expected to be completed late 2026.”
  • data center lease: scope 88 MW
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • data center lease: term Long-term lease; term in years not disclosed
    “CoreWeave will be the anchor tenant through a long-term lease for 88 MWs of critical IT capacity”
  • electric service (LPCS): cost allocation (company statement) Black Hills states its regulated large power contract service tariff enables it to serve large-load data center customers in Wyoming with no cost impact to loc
    “Black Hills' regulated large power contract service tariff enables us to serve large-load data center customers in Wyoming with no cost impact to our local retail customers”
  • Phase I expected to create over 700 construction jobs and 40 permanent jobs; $250M+ tax revenue projected over the first 15 years
    “create over 700 construction jobs and 40 well-paying, permanent jobs”
  • sales/use tax exemption (statutory): exemption scope Sales and use tax exempt, per tier, when aggregate qualifying purchases exceed $2M in a calendar year: (I) computer software, computer equipment, servers, storage, per
    “The sales price paid for the purchase or rental of qualifying uninterruptable power supplies, back-up power generators, specialized heating and air conditioning equipment”
  • sales/use tax exemption (statutory): investment threshold Initial total capital asset investment in a Wyoming physical location: not less than $5,000,000 (tier I) / not less than $50,000,000 (tier II)
    “an initial capital investment of not less than fifty million dollars ($50,000,000)”
  • sales/use tax exemption (statutory): jobs condition Purchaser must have received certification from the Wyoming Business Council that it has created or will create a number of jobs in Wyoming appropriate to the size and
    “the data processing services center must have received certification from the Wyoming Business Council that the business has created or will create a number of jobs in Wyoming”
  • sales/use tax exemption (statutory): clawback Per the statutory text (W.S. 39-15-105(a)(viii)): if the annual $2M threshold is not met, or the subparagraph's requirements are not met, the excise tax on otherwise qualifyi
    “when the aggregate purchase of the qualifying equipment exceeds two million dollars ($2,000,000.00) in any calendar year”
Permits and government (11)
  • tariff revision: revised tariff effective
    “This Rate Schedule is applicable for new or existing customer load interconnected with the Company's system with expected capacity requirements of 5,000 kW or greater”
  • FAA status: Screened at Cheyenne city point: 40 cases in the 5-NM circle (all statuses, 2021-2026 window). 40 cases are airport works, retail cranes and one 'Microsoft CYS' 300-ft mobile crane (Microsoft's campus, a guar
    “FAA OE/AAA circle pull at 41.1400,-104.8197 (5 NM, 2021-2026): 40 cases; 40 cases are airport works, retail cranes and one 'Microsoft CYS' 300-ft mobile crane (Microsoft's campus, a guard)”
    FAA · Oct. 2026 · grade B
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-ANM-1858-OE: Leibherr LR1700-1.0 /Clayco Jobsite, Mobile Crane, 256 ft AGL, 6256 ft AMSL, 41.14617,-104.69444, Determined - No Hazard, submitted 2026-03-31”
  • FAA OE/AAA records a 256-ft mobile crane filed as 'Leibherr LR1700-1.0 /Clayco Jobsite' (ASN 2026-ANM-1858-OE, submitted March 31, 2026) 1.27 km east of this folder's park-core anchor in the Cheyenne Business Parkway - Clayc
    “ASN 2026-ANM-1858-OE: Leibherr LR1700-1.0 /Clayco Jobsite, Mobile Crane, 256 ft AGL, 6256 ft AMSL, 41.14617,-104.69444, Determined - No Hazard, submitted 2026-03-31”
  • tariff application: application filed
    “On October 1, 2015, CLF&P filed its application for approval of a new Large Power Contract Service (LPCS) tariff”
  • tariff approval: approved
    “The Commission approved the proposed tariff with minor revisions and clarifications, as recommended by Dyno and Holy Frontier”
  • Wyoming Public Service Commission: Approval of Cheyenne Light, Fuel & Power Large Power Contract Service (LPCS) tariff, Docket No. 20003-146-ET-15
    “After a contested hearing the Commission determined the arguments advanced by Dyno and Frontier were without merit and that the proposed tariff is in the public interest and should be approved”
  • air permit: no filing located
    “The Wyoming Department of Environmental Quality (DEQ) announced its preliminary decision to approve the permit in April”
  • No WY DEQ air permit for the campus's backup generators located as of this date, although DEQ publicly processes Cheyenne data-center genset permits (Microsoft, 128 units, preliminary approval April 2026). Under the LPCS
    “A proposal from Microsoft to install 128 diesel generation units across its data center portfolio in Cheyenne, Wyoming, is set for approval”
  • Cheyenne City Council rejected a 12-month moratorium on new data center development 8-1 after hours of debate; the measure was citywide and this campus, already under construction, was not its subject
    “The proposal followed heated public comment from both residents concerned about impacts and industry supporters warning of economic harm”
  • Cheyenne City Council: Proposed 12-month moratorium on new data center development (citywide; this campus already under construction and not the subject)
    “The Cheyenne City Council has overwhelmingly rejected a 12-month moratorium on new data center development, voting 8–1 after hours of debate”
Legal (1)
  • Announced: Oct. 7, 2025
    “Related Digital, a vertically integrated data center development and investment platform, was joined on Oct. 7, 2025, by Wyoming Gov. Mark Gordon, Cheyenne Mayor Patrick Collins, CoreWeave, Clayco, Black Hills Energy”
Site and other (13)
  • County: Laramie County, WY
    “The fringe territory is further defined as the area between the city limits and areas within the Sixth Principal Meridian in Laramie County, Wyoming”
  • County code: 56021
    “FCC census block find for latitude 41.141 longitude -104.708 returned County FIPS 56021, name Laramie County, block 560210020023071”
  • Construction stage: building, first 184,000 SF building nearing completion as of June 2026; later campus phases not started
    “Work is nearing completion on the first 184,000-square-foot phase of the campus, which is expected to be finished in late 2026”
  • Stage: building
    “Work is nearing completion on the first 184,000-square-foot phase of the campus, which is expected to be finished in late 2026”
  • Current target date: late 2026 (first building), reaffirmed June 2026; no slip announced
    “Work is nearing completion on the first 184,000-square-foot phase of the campus, which is expected to be finished in late 2026”
  • Opposition: No campus-specific opposition, litigation or referendum located in sources reviewed; state and city officials publicly supportive at the groundbreaking and at the June 2026 site tour
    “What Related has done here is absolutely astounding”
  • Construction stage: under construction - groundbreaking Oct 7, 2025 with Clayco as construction manager; the first building (184,000 sq ft on a 36-acre parcel) is expected to be completed late 2026
    “The first data center building will occupy 184,000 SF on 36 acres and is expected to be completed late 2026”
  • Developer: Related Digital (data center development and investment platform of Related Companies)
    “Related Digital, a vertically integrated data center development and investment platform”
  • City: Cheyenne, WY
    “We're delighted Related Digital has chosen Cheyenne as the location for their new data center”
  • Acres: 115 acres
    “the first phase of a 115-acre campus in the Cheyenne Business Parkway”
  • Phase 1 building: First data center building: 184,000 SF on 36 acres; completion expected late 2026
    “The first data center building will occupy 184,000 SF on 36 acres and is expected to be completed late 2026”
  • Original target date: late 2026 (first building)
    “The first data center building will occupy 184,000 SF on 36 acres and is expected to be completed late 2026”
  • First data center building (184,000 SF on 36 acres) expected to be completed late 2026
    “The first data center building will occupy 184,000 SF on 36 acres and is expected to be completed late 2026”