T

Tract Capital

Creates data-center parks and mega campuses

Overview

Tract Capital manages and develops digital infrastructure through two main strategies: a horizontal land program called Tract for master-planned data center parks with pre-positioned power and fiber, and Fleet Data Centers for mega-scale, single-user campuses of 500MW to 1GW. It creates new data center platforms by ideating, financing, and building at the intersection of data centers, AI/cloud tech, energy, and real estate, not just investing in existing assets. The team combines experience from digital infrastructure, energy, network, and real estate, led by Grant van Rooyen, to offer land, power, and campus infrastructure with long-term leases to hyperscale developers, cloud providers, and AI builders. Its goal is to grow the digital infrastructure ecosystem by delivering scalable data center platforms and securing substantial land and power capacity to support AI and cloud growth.

Work here?Claim your company

About Tract Capital

Simplify's Rating
Why Tract Capital is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnergyReal Estate

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Denver, CO

Founded

N/A

Get referred to Tract Capital

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • May 2026 Fleet raised $4.6 billion, confirming deep lender demand for Tract.
  • February 2026 Fleet raised $3.8 billion, showing repeated financing access within months.
  • Tract now controls over 30,000 acres and targets 22 gigawatts across markets.

What critics are saying

  • Fleet's Nevada bonds mature 2031; 200MW delivery must hit mid-2028 deadlines.
  • Tract still has one land exit, leaving valuation dependent on future monetizations.
  • UK planning in Durham faces council approval, grid upgrades, and local opposition delays.

What makes Tract Capital unique

  • Grant van Rooyen built Cologix, then launched Tract Capital to industrialize powered land.
  • Tract combines Tract land parks and Fleet Data Centers under one development platform.
  • November 2026 Durham Technology Park extends Tract's master-planned model into the UK.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Paid Holidays

Growth & Insights and Company News

6 month growth

-5%

1 year growth

-7%

2 year growth

-7%
Data Center Dynamics
Nov 3rd, 2026
Tract expands into UK, plans 500MW campus in Durham.

Tract expands into UK, plans 500MW campus in Durham. Company seeking feedback on plans for seven-building campus November 03, 2026 Data center park developer Tract is expanding into Europe, planning a large-scale campus in County Durham, UK. The company has announced plans for the Durham Technology Park, a proposed data center campus located between South Hetton, Murton, and Easington Lane. The company has launched a dedicated project website, saying the site could host up to seven data center buildings totaling 500MW and an on-site substation. Tract is aiming to submit its planning application to the local council in December 2026. "Our team has identified this site as one that is suitable for the development of a data center campus which will make a significant contribution to the UK's objectives for increased data storage and management," Tract said on the site. "The scale of the data center has been carefully selected to meet these objectives and deliver local economic benefits whilst ensuring a landscape-led approach to minimise the effects of the development." Tract noted the project would be located close to Hawthorn Pit substation, which is currently undergoing expansion through the construction of a new 400kV substation. That upgrade/expansion is part of the Eastern Green Link 1 (EGL1) project to import offshore wind energy. The northeast of England isn't traditionally one of the UK's major data center hubs, though QTS is developing a large campus north of Newcastle around Blyth. Colorado-based Tract was founded by former Cologix CEO Grant van Rooyen and describes itself as a company that acquires and develops 'master-planned' data center parks. The company aims to get sites zoned, powered, and shovel-ready for other companies to develop data centers on. After launching in Nevada in 2023, Tract has plans for large-scale campuses across Texas, Virginia, Arizona, Minnesota, Iowa, Illinois, North Carolina, and Utah. This is the firm's first project outside the US. Tract's parent, Tract Capital, also owns a dedicated data center developer, known as Fleet DC, that will develop on land owned by Tract as well as other sites. Get a weekly roundup of EMEA news, direct to your inbox. More in construction & site selection.

Milbank
Apr 3rd, 2026
Milbank Advises Tract Capital on Landmark $3.8B Fleet Data Centers Notes Offering

Milbank LLP advised Tract Capital, a leading alternative asset manager focused on building companies that enable rapid scaling of digital infrastructure, and its portfolio company Fleet Data Centers, ...

Complete AI Training
Apr 1st, 2026
Tract Capital raises $3.8B in junk bonds for Nvidia-backed data center amid land speculation

Tract Capital has raised $3.8 billion in junk bonds to build an Nvidia-backed data centre in Nevada, attracting $14 billion in orders. The four-year-old firm controls over 30,000 acres across Nevada, Arizona, Virginia and other states, betting that land with power access will command premium prices. The company aims to secure 22 gigawatts of electricity and plans to sell powered land to hyperscalers within five to seven years. However, new data centre projects now face four-year waits for power connections, with Goldman Sachs estimating US power grids will lack critical spare capacity by 2030. Tract faces strict deadlines under its Nvidia deal, with 200 megawatts required by mid-2028. The company has completed only one land exit to date.

Recently Posted Jobs

Sign up to get curated job recommendations

Tract Capital is Hiring for 16 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs