Companies

Calpine

Calpine Corporation is a power generation company that operates natural gas-fired power plants in Texas, including facilities that serve the state's electricity grid managed by ERCOT.

Referenced in 5 briefingsLast referenced: June 10, 2026

Mentions

June 10, 2026

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418 GW Knock on Texas Doors. Behind-the-Meter Builders Skip the Line.

Oracle's 2.45 GW fuel-cell campus in New Mexico and CyrusOne's 380 MW colocation behind Calpine's Freestone gas plant tell the same story from opposite ends of the queue.

June 8, 2026

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Anchor Tenant, Signed Lease, Locked Power: ERCOT's New Cost of Entry

CyrusOne and Calpine are co-locating a 760 MW campus next to the Freestone Energy Center, with phase one targeted for late 2026.

May 12, 2026

Three Deals, One Thesis: The Capital Stack Is Buying Electrons Now

Blackstone and Halliburton announced a $1 billion investment in VoltaGrid for behind-the-meter generation May 11, NVIDIA committed $2.1 billion to IREN with the Sweetwater Texas 2 GW campus at the center, and Constellation locked another 380 MW with CyrusOne in Texas on top of Calpine's prior 400 MW.

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