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]

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]