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 NowBlackstone 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.
March 10, 2026
26 Cancellations Later, the Rules of Site Selection Have ChangedCyrusOne topped out DFW10, a $750 million, 250,000 sq ft building at its new 400+ MW campus in Bosque County, Texas, adjacent to Calpine's 250 MW Thad Hill Energy Center.
February 10, 2026
Behind the Fence: Texas Gigawatts Stack Up Faster Than Rules Can FollowCyrusOne and Constellation Energy have struck a 380-MW power deal to build a massive data center campus adjacent to Calpine's Freestone Energy Center in Freestone County, Texas, the latest and one of the largest behind-the-meter gas-plant pairings in ERCOT.