Calpine and CyrusOne Announce Phase 2 of Powered Land Agreement to Support Hyperscale Data Center at Thad Hill Energy Center in Texas

Core Insights - Calpine Corporation has announced the second phase of a 400-megawatt power supply agreement with CyrusOne, adding 210MW to the previously announced 190MW, to support a new data center in Texas [1][2] - The new data center is expected to be operational by the fourth quarter of 2026, and the agreement aims to enhance grid reliability while providing significant financial benefits to the community and the state of Texas [1][2][3] Company Overview - Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the U.S., with a fleet of 79 energy facilities representing over 27,000 megawatts of generation capacity [4] - The company focuses on clean, efficient, and flexible power generation, benefiting from trends such as the supply of clean natural gas and the need for dispatchable power plants [4] Strategic Partnerships - The partnership with CyrusOne is highlighted as an innovative solution to meet the growing demand for data centers, ensuring grid reliability and responsible energy use [2][3] - Calpine's Powered Land Capabilities (PLC) are designed to meet the unique needs of large-load customers, reinforcing its position as a leader in reliable power solutions for hyperscale developments [3]