INDEPENDENT LOCAL NEWSNewport News, Virginia
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VEDP’s September 5, 2025 Newport News data-center presentation

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PRIMARY SELECTION FACTORS FOR DATA CENTER PROJECTS Priority of selection factors varies from project to project, and traditional economic development drivers such as workforce, operating costs, and quality-of-life remain important. Data center site location factors: ▪ Power is paramount – Abundant, affordable and increasingly renewable power – Gigawatt requirements are common ▪ Availability of real-estate solutions – Increasingly larger sites 100-acre minimums with 500+ acres common – Appropriate entitlements with data centers zoned by-right – Water and fiber access – Located adjacent to high-voltage transmission lines ▪ Community and stakeholder support – Increasingly important given recent headwinds ▪ Competitive business environment – DCSUT – Tax rates and depreciation schedules – Fast-track permitting ▪ Creative and innovation solutions to key project barriers DP Facilities, Mineral Gap 13
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