Montana data center market brief

Billings: Billings remains a skeletal market with minimal infrastructure and severe operational constraints. The tracked facility footprint stands at 8 properties totaling 0 MW of measurable capacity—a figure that underscores the market's nascent development stage. Iconnect Montana operates two facilities, while Cogent Communications, Parsec Data Management, and YRIX each maintain single-property positions, indicating extreme fragmentation and no clear market leader. The absence of any recent M&A activity reinforces that Billings has attracted neither consolidation interest nor institutional capital deployment.