Calpine and CyrusOne Announce Thad Hill Energy Center Powered Land to Support Hyperscale Data Center Development in Texas

Core Insights - Calpine Corporation has entered into a 190-megawatt agreement with CyrusOne to support a new data center in Texas, expected to be operational by Q4 2026 [1][2] - The project represents a $1.2 billion infrastructure investment and aims to enhance economic growth and job creation in the region [2][5] - The new data center campus, named DFW10, will feature over 190,000 square feet in its first phase and will focus on sustainability and reliability [2][4] Company Overview - Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the U.S., with over 27,000 megawatts of generation capacity across 79 facilities [6] - The company is positioned to benefit from trends such as the increasing need for dispatchable power plants and the abundant supply of clean natural gas [6] - Calpine's operational capabilities include delivering up to 400 megawatts to data centers in Bosque, Texas, enhancing its role as a strategic energy partner [5] Industry Context - CyrusOne is a leading global data center developer and operator, specializing in solutions for hyperscale and enterprise companies [8] - The partnership with Calpine aims to address the growing demand for data infrastructure driven by AI and other technologies [4][8] - The project emphasizes climate-neutral initiatives and grid reliability, aligning with the evolving digital needs of customers [2][4]