Tahoe Reno Industrial Center

Tower 16 Capital Partners Acquires The Deco at Victorian Square, Its First Multifamily Project in Reno, Nevada, for $43 Million

Retrieved on: 
Wednesday, February 28, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Acquisition, I-80, Tahoe Reno Industrial Center, Housing, Commercial property

San Diego-based Tower 16 Capital Partners has successfully acquired The Deco at Victorian Square, a 209-unit multifamily property located in the Reno, Nevada market.

Key Points: 
  • San Diego-based Tower 16 Capital Partners has successfully acquired The Deco at Victorian Square, a 209-unit multifamily property located in the Reno, Nevada market.
  • The project was built in 2021 and acquired for $43 million, well below today’s replacement cost.
  • “We’re pursuing opportunities in Western growth markets to acquire high-quality real estate at a steep discount to replacement cost and prior-peak pricing.
  • Tower 16 is aggressively targeting new construction assets in varying stages of completion/lease-up as well as value-add opportunities in the Southwest.

Tract announces the acquisition of an additional 517 acres in Storey County, Nevada adjacent to its existing project

Retrieved on: 
Wednesday, February 7, 2024
Tahoe Reno Industrial Center, Growth, Heart, TRIC, Water, Microsoft, TRI, Silicon, Acquisition, Tract

DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, announced the acquisition of an additional 517 acres inside the Tahoe-Reno Industrial Center (TRIC) in Storey County, NV, through an operating entity.

Key Points: 
  • DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, announced the acquisition of an additional 517 acres inside the Tahoe-Reno Industrial Center (TRIC) in Storey County, NV, through an operating entity.
  • The partially graded site is adjacent to the company’s previously announced 686 acres along Peru Drive, expanding its footprint in the heart of TRIC to support the rapid growth of data centers in the Reno/Sparks market.
  • The parcel was acquired with existing improvements begun prior to the transaction.
  • Water and sewer infrastructure connecting to the TRI General Improvement District (TRIGID) are already adjacent to the site.

Aqua Metals Secures Tax Abatement for Sierra ARC Battery Recycling Campus, Expected to Boost Nevada’s Clean Energy Economy by $392 Million

Retrieved on: 
Tuesday, January 30, 2024
Tahoe Reno Industrial Center, Recycling, Investment, Economy, Metal, Economic development, ARC, Aqua, Workforce, Renewable energy

The investments are also projected to generate approximately $4.6 million of direct and indirect net new tax revenues for the state.

Key Points: 
  • The investments are also projected to generate approximately $4.6 million of direct and indirect net new tax revenues for the state.
  • The focus on Phase One of the Sierra ARC project is bolstered by the tax abatement aimed at accelerating the facility's development.
  • The tax abatement will be instrumental in creating a range of good-paying jobs, offering opportunities across various skill levels, and driving economic growth in Nevada.
  • This commitment underscores Aqua Metals’ dedication to environmental sustainability and its role in building a thriving local community.

PowerHouse Data Centers Closes on Nevada Site for 'PowerHouse Reno'

Retrieved on: 
Thursday, January 25, 2024
Tahoe Reno Industrial Center, Computation, TRIC, Icahn Enterprises, AI, Digital, AREP, RENO, Growth, Renewable energy

RENO, Nev., Jan. 19, 2024 /PRNewswire/ -- PowerHouse Data Centers (Powerhouse), a developer and owner of next-generation data centers backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, today announced it has closed on the site of "PowerHouse Reno," a three-building, 900,000 square foot powered shell data center campus being developed in Reno, Nevada. The campus, which marks PowerHouse's first site outside of northern Virginia, will provide more than 65 MW of bridging power, which is scheduled to be in-place by year-end 2025.

Key Points: 
  • Reno site to be the first campus outside of northern Virginia, marking PowerHouse's national expansion
    RENO, Nev., Jan. 19, 2024 /PRNewswire/ -- PowerHouse Data Centers (Powerhouse), a developer and owner of next-generation data centers backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, today announced it has closed on the site of "PowerHouse Reno," a three-building, 900,000 square foot powered shell data center campus being developed in Reno, Nevada.
  • PowerHouse Data Centers announces closure on  "PowerHouse Reno" site a 3-building 900k sqft powered shell in Reno, NV.
  • Located in the Tahoe Reno Industrial Center (TRIC), the largest industrial park by landmass in the United States, PowerHouse Reno will serve the increasing data demands of leading hyperscale users in the area.
  • The close marks PowerHouse Data Center's second transaction in the last two months and it's strategic national expansion.

Ti Cold's Second Cold Storage Facility for Arcadia Cold Opens in Reno

Retrieved on: 
Tuesday, December 19, 2023
Cold, Tahoe Reno Industrial Center, Heart, New Age, I-80, Warehouse

RENO, Nev., Dec. 19, 2023 /PRNewswire/ -- Arcadia Cold Storage and Logistics Reno Facility, the highly anticipated state-of-the-art cold facility in the heart of the infrastructure-invested Tahoe Reno Industrial Center has arrived!

Key Points: 
  • RENO, Nev., Dec. 19, 2023 /PRNewswire/ -- Arcadia Cold Storage and Logistics Reno Facility, the highly anticipated state-of-the-art cold facility in the heart of the infrastructure-invested Tahoe Reno Industrial Center has arrived!
  • The facility will represent one of the first large-scale third party logistics (3PL) cold storage facilities in the Reno market.
  • Arcadia just recently celebrated the opening of their Phoenix Cold Storage location also built by Ti Cold.
  • By providing warehousing, order processing, and shipping and receiving, Arcadia Reno Cold Storage will give their clients a turnkey solution to fulfilling orders quickly and efficiently.

American Battery Technology Company Releases First Quarter Fiscal Year 2024 Financial Report

Retrieved on: 
Wednesday, November 15, 2023
Lithium, ABTC, Research, Acquisition, American Battery Technology Company, High Trail Vanoise, Recycling, Completion, TRIC, Tahoe Reno Industrial Center, FedEx, BASF, Partnership, Water, DOE, Growth, ABAT, FY, Electric battery, Cryptocurrency, Rare-earth element, McCarran, Gigafactory, Inference

RENO, Nev., Nov. 15, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its first quarter fiscal year (FY) 2024 financial results, for the period ending September 30, 2023.  

Key Points: 
  • RENO, Nev., Nov. 15, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its first quarter fiscal year (FY) 2024 financial results, for the period ending September 30, 2023.
  • The American Battery Technology Company commences lithium-ion battery recycling operations.
  • Currently, there is one battery Gigafactory in operation in the U.S. (near Sparks, Nevada) and over twenty additional battery Gigafactories currently under development and construction.
  • Financial highlights from first quarter FY2024 include:
    On August 21, 2023, the company finalized the purchase of its commercial-scale, lithium-ion battery recycling facility located in TRIC at 2500 Peru Drive, McCarran, Nevada.

Aqua Metals Strengthens Balance Sheet and Secures Strategic Investment and Partnerships During Third Quarter of 2023

Retrieved on: 
Wednesday, November 8, 2023
Research, Sale, Engineering, EV, Chemical engineering, Hanyang University, Metal, Emeritus, ICF International, USDA, Holocene, Lithium battery, MOU, Lithium, Tahoe Reno Industrial Center, Growth, ICF, Economic development, Sierra, Partnership, Collaboration, Recycling, Cryptocurrency

Third Quarter and Recent Highlights:

Key Points: 
  • Third Quarter and Recent Highlights:
    Bolstered financial strength with successful balance sheet transactions, including an equity raise, and strategic investment and partnership with Yulho Co., Ltd., which provided $25 million in gross proceeds.
  • Supplied Dragonfly Energy with battery-grade, sustainably recycled lithium hydroxide, which was used to manufacture a successfully cycle-tested lithium-based battery cell.
  • Aqua Metals received a Leader in Sustainability award from the Economic Development Authority of Western Nevada (EDAWN), along with commendations from U.S.
  • As part of the equity investment and partnership with Yulho, Steve Cotton has joined the board of Yulho and Dr.

American Battery Technology Company to Serve as Lithium-Ion Battery Recycler for National Mail-In eWaste Program

Retrieved on: 
Thursday, October 12, 2023
Lithium, TERRA, Recycling, American Battery Technology Company, ABAT, ERS, FedEx, Disability studies, Electronics, Tahoe Reno Industrial Center, Collection, ABTC, Tablet, Terra, Privacy, Electric battery, Online shopping

American Battery Technology Company to Serve as Lithium-Ion Battery Recycler for National Mail-In eWaste Program.

Key Points: 
  • American Battery Technology Company to Serve as Lithium-Ion Battery Recycler for National Mail-In eWaste Program.
  • "Consumer electronics are notoriously difficult to efficiently collect, aggregate, and recycle," stated Ross Polk, American Battery Technology Company's director of business development.
  • "We are excited to support this collection and recycling program, thanks to Pyxera, FedEx, and project partners.
  • The lithium-ion batteries will be recycled at ABTC's commercial-scale, lithium-ion battery recycling facility located in the Tahoe-Reno Industrial Center in Nevada.

6K Energy and Aqua Metals Building First Circular Supply Chain of Critical Minerals for Lithium Battery Manufacturing in the U.S.

Retrieved on: 
Wednesday, October 4, 2023
Partnership, EV, Metal, Electricity, CAM, Recycling, Carbon, Primary energy, Plasma, Climate change, MOU, Tahoe Reno Industrial Center, Lithium, Electric battery, Aqua, Energy

and RENO, Nev., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals”), a pioneer in sustainable lithium-ion battery recycling, and 6K Energy, a leader in the production of sustainable materials for lithium-ion batteries, today announced plans to create the first truly sustainable circular supply chain in the United States for the critical minerals essential to domestic lithium battery manufacturing.

Key Points: 
  • and RENO, Nev., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals”), a pioneer in sustainable lithium-ion battery recycling, and 6K Energy, a leader in the production of sustainable materials for lithium-ion batteries, today announced plans to create the first truly sustainable circular supply chain in the United States for the critical minerals essential to domestic lithium battery manufacturing.
  • Aqua Metals and 6K Energy have signed a multi-part memorandum of understanding (MOU) covering the scope of the collaboration in the coming years.
  • “As the world grapples for control over the critical minerals essential for lithium batteries, together with 6K Energy we are building a resilient domestic supply chain for the valuable metals that will power an electrified future,” said Steve Cotton, President and CEO of Aqua Metals.
  • Sam Trinch, Group President of 6K Energy, added, “Our collaboration with Aqua Metals will create Li-ion battery cathode materials at production scales with recycled critical minerals.

American Battery Technology Company Receives Contract from US DOE for $20M Project to Accelerate Commercialization of Next-Generation Advanced Battery Recycling Technologies

Retrieved on: 
Wednesday, September 27, 2023
U.S. Department of Energy, Office of Inspector General, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, Metal, American Battery Technology Company, Research, Temperature, Recycling, ABAT, DOE, State, RENO, Water, ABTC, Multi, Tahoe Reno Industrial Center, Lithium, Mobile phone, Fine chemical

RENO, Nev., Sept. 27, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has received a contract grant award for its $20 million project from the U.S. Department of Energy (DOE) for a multi-partner industry collaboration to demonstrate and commercialize next generation techniques for lithium-ion battery recycling processes to manufacture low-cost and low-environmental impact domestic critical battery materials.  

Key Points: 
  • American Battery Technology Company and its partners to commercialize next-generation battery recycling technologies.
  • "It is an important milestone to be commissioning the initial portion of our integrated lithium-ion battery recycling facility to be able to provide domestically produced low-cost and low environmental impact battery metals to our strategic customers," stated ABTC CEO Ryan Melsert.
  • ABTC is currently implementing and commissioning the first phase of its commercial-scale integrated lithium-ion battery recycling technologies at its facility located in the Tahoe-Reno Industrial Center.
  • These processes are fundamentally different than conventional methods of battery recycling, which generally utilize either high temperature smelting or non-strategic shredding systems.