Skip to main content

Largest Data Center Project Ever Proposed Is Officially Dead

Largest Data Center Project Ever Proposed Is Officially Dead | EN590 Commodities Group
LIVE MARKETS
$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
Crude Oil

Largest Data Center Project Ever Proposed Is Officially Dead

July 05, 2026
Source: oilprice.com
EN590 COMMODITIES GROUP

OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal The largest data center project ever proposed in the U.S.

Blackstone-owned QTS Realty Trust withdrew its appeal to the Virginia Supreme Court on July 2, closing out a three-year legal fight over thePrince William Digital Gateway, a planned 2,100-acre campus in Prince William County, Virginia that would have packed 37 buildings and 22 million square feet of data centers next to Manassas National Battlefield Park.

At full build-out, the project carried an estimated $100 billion price tag and would have been the largest data center complex in the world.

EN590 COMMODITIES GROUP

Co-developer Compass Datacenters, backed by Brookfield, dropped its own appeal in April, and the Prince William Board of County Supervisors withdrew from the litigation the same month after spending nearly $2 million in taxpayer funds defending the original rezoning.

That approval, granted in 2023, was voided by theVirginia Court of Appeals in March, which found the county's public notice for the rezoning hearing fell short of the state's six-day spacing requirement between newspaper notices.

In its withdrawal filing, QTS said the project had"advanced through years of planning, analysis, and public review"and would have delivered tens of billions of dollars in capital investment and thousands of jobs to the county.

The company added that Virginia remains central to its business, pointing to $5 billion in ongoing investment in the Richmond region on top of its existing Northern Virginia footprint.

SetOilPrice.comas a preferred source in Googlehere.

The retreat comes days after Blackstone agreed to hand Digital Realty full ownership of three built-and-leased Northern Virginia data centers valued at $7.8 billion, in a$3.5 billion cash-and-stock deal.

That transaction extends an existing joint venture rather than an exit, but the timing puts fresh attention on how Blackstone is managing its data center bets in the state that hosts more capacity than anywhere else in the world.

Northern Virginia remains the industry's biggest hub, and the region's buildout keeps running into local resistance over land, water and grid strain.Several states have floated moratoriums or tighter permitting rulesas utilities warn that data centers are driving an outsized share of new electricity demand, andgrid operators in some regions have started asking developers to bring their own power generationrather than compete for scarce capacity.

AGallup survey released in Mayfound 71% of Americans oppose data center construction in their area, with 48% strongly opposed, running higher than opposition to a local nuclear plant.

Photo Gallery
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
Indicative Market Prices July 05, 2026 19:49 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
About Our Company

25 YEARS OF EXPERTISE.
YOUR TRUSTED COMMODITY PARTNER.

Our company's foundation was built not in a trading room but deep in the field. For over 25 years, we operated at the forefront of mineral exploration and extraction.

Today, from our base in New York, USA, we serve clients in 75+ countries with major commodities.

"We don't just supply commodities we solve your energy and resource challenges."
25+
Years Exploration
15+
Years Trading
75+
Countries Served
24/7
Operations
DISCLAIMER: Prices shown are indicative market references only.
EN590 COMMODITIES GROUP
New York, USA Global Energy & Commodity Trading
2025 EN590 Commodities Group All rights reserved

Comments

Popular posts from this blog

Yahoo Finance

📄 Read full article on Telegraph → Yahoo Finance | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Urea / Fertilizer Yahoo Finance 📅 2026-05-11T16:54:48.000Z 📡 Source: finance.yahoo.com 🌍 Global Markets EN590 COMMODITIES GROUP Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets v...

Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts

📄 Read full article on Telegraph → Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Crude Oil Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts 📅 May 09, 2026 📡 Source: oilprice.com 🌍 Global Markets EN590 COMMODITIES GROUP US Hits Iran-Flagged Oil Tankers While Peace Talks Continue Countries like Venezuela, Argentina, and… Cenovus Energy(TSX, NYSE: CVE) just posted one of its strongest quarters on record. ...

BP Buys 40% Stake in Uzbek Oil and Gas Blocks

📄 Read full article on Telegraph → BP Buys 40% Stake in Uzbek Oil and Gas Blocks | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Crude Oil BP Buys 40% Stake in Uzbek Oil and Gas Blocks 📅 May 13, 2026 📡 Source: oilprice.com 🌍 Global Markets EN590 COMMODITIES GROUP IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP has bought 40% in the production sharin...