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Mark IV Capital outlines large gas-fired power plan for Fernley logistics district
Summary
Mark IV Capital told the Fernley Planning Commission it is considering a modular, gas-fired power facility in the Victory Logistics District that could reach 1.8 gigawatts by 2031; the developer said designs are preliminary, no formal permits have been filed and public hearings will follow entitlement steps.
Scott Barnes, vice president of Mark IV Capital, told the Fernley Planning Commission on Jan. 14 that the company’s Victory Project is in its early, conceptual phase and aims to support industrial and data-center growth with on-site power generation and related infrastructure.
Barnes said Mark IV has acquired roughly 4,500 acres in and around the Victory Logistics District and is working through design and permitting for roadway and utility improvements. "This project has an approved plan development handbook, development agreement, tentative maps, and 2 final maps," Barnes said, and added the firm had applied for a master-plan amendment and zoning-map amendment the day before the meeting. He emphasized that "each step includes a public hearing."
The…
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