CyrusOne

June 10, 2026

Subscribe for full access

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

Subscribe for full access

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.

June 1, 2026

Subscribe for full access

Tax Abatements Lose the Room. Power, Water, and Cost Causation Take Over.

Constellation signed a 380 MW deal with CyrusOne adjacent to the Freestone Energy Center in February, with an exclusive option on a second 380 MW phase.

May 30, 2026

Subscribe for full access

Reclaimed Water Cleared QTS's $10B Campus. Texas Developers Should Take Notes.

Texas is positioning for the next layer: $350 million in nuclear development funding is now open for applications, Last Energy moved its headquarters to Austin, and Constellation closed a 380 MW CyrusOne deal at Freestone with an exclusive on another 380 MW phase.

May 26, 2026

Subscribe for full access

Disclosure Is Coming. Developers Tracking Water Now Won't Break Stride.

After Sangamon County approved a $500 million CyrusOne facility 17-10, opposition didn't stop, it routed into the state POWER Act with two dozen sponsors mandating water impact permits and cooling efficiency standards.

May 12, 2026

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.

April 8, 2026

In Sangamon County, Illinois, Dallas-based CyrusOne won a narrow 17-10 zoning vote for a $500 million, 600-megawatt facility after a contentious hearing where law enforcement escorted out upset attendees.

April 6, 2026

CyrusOne's $500 million Sangamon County, Illinois project offers a contrast: its closed-loop cooling system circulates water internally without daily top-ups, and non-cooling wastewater flows to a septic field equivalent to about 15 households.

March 28, 2026

The U.S. Army conditionally selected Carlyle for a hyperscaled data center at Fort Bliss, Texas (1,384 acres) and CyrusOne for Dugway Proving Ground, Utah, under the Enhanced Use Lease program, with no upfront taxpayer cost and initial operating capability targeted for FY2027 at Fort Bliss.

March 24, 2026

In Illinois, Sangamon County's board voted 15-13 to table CyrusOne's $500 million project, with opponents demanding a moratorium pending potential state-level rules.

March 22, 2026

Meanwhile, Constellation's Calpine unit signed over 1,100 MW of power purchase agreements with CyrusOne across two Texas sites, Freestone Energy Center and Thad Hill Energy Center, packaging generation, land, and grid connectivity as a bundled "Powered Land" offering.

March 20, 2026

Logan County imposed a 60-day moratorium on Hut 8's $5B, 500-MW proposal after the company claimed $65 million in annual property tax revenue, roughly 10x CyrusOne's competing estimate for similar capacity in neighboring Sangamon County.

March 10, 2026

CyrusOne 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.

March 5, 2026

CyrusOne's 634 MW, $500 million facility cleared ZBA approval 5-0 but faces that final board vote the same day.

February 28, 2026

CyrusOne is planning a 144 MW, $600M-$2B campus on 300 acres straddling the Jack/Wise County line, powered directly by the adjacent Wise County Power Station natural gas plant.

February 15, 2026

CyrusOne SVP Gene Alessandrini acknowledged the scale problem: "Our facilities are getting so large that they are being noticed."

February 11, 2026

Constellation Energy and CyrusOne have announced a 380 MW power deal to support a new datacenter facility at the Freestone Energy Center, a 1,045 MW natural gas combined-cycle plant in Freestone County, Texas, one of the clearest examples yet of a generator monetizing an existing dispatchable asset for co-located datacenter load.

February 10, 2026

CyrusOne 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.