AGP Executive Report
Last update: 38 minutes agoData-Center Power: Nevada regulators approved Switch’s proposed 510-megawatt gas plant, a major power project tied to rising data-center demand. Mining Costs: Lithium Americas raised Thacker Pass Phase 1’s cost estimate 31% to $3.83 billion, citing higher labor, construction and logistics costs; production is still targeted for 2028. Housing: A developer broke ground on 682 workforce homes in Northern Nevada, while Las Vegas-area housing inventory hit a record as buyer demand weakened. Las Vegas modular-home maker BOXABL also signed a nonbinding deal to pursue a mortgage-lending joint venture, targeting an early 2027 launch. Local Investment: The LVCVA approved $5.49 million for a South Hall warehouse and freight elevator. Henderson is set to get a new ALDI, and TGI Fridays plans to return to Las Vegas. Costs: Las Vegas-area gas averaged $5.12 a gallon, down from a month earlier but $1.01 above a year ago.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.