By Karen Roman
Vinson & Elkins said it represented Fidelis New Energy, LLC in the sale of its portfolio company American Intelligence & Power Corp. and its Monarch Compute Campus to Nscale.
The Monarch Compute Campus, with up to 2,250 acres in Mason County, West Virginia, is the country’s first state-certified AI microgrid with a power runway scalable to over 8 gigawatts, the firm stated.
Nscale expects to have 2 gigawatts of initial power capacity online by the first half of 2028 and an expansion to 8 gigawatts by 2031, it said.
The Vinson & Elkins team was led by Partners Creighton Smith and Milam Newby and Counsel Alexander Baker, with assistance from Partners Lina Dimachkieh and Todd Way and Counsel Allyson Seger. Bowles Rice Partner Tom Heywood served as local counsel to Fidelis.
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