Companies

CyrusOne

CyrusOne operated multiple data centers across Texas, including facilities in Dallas, Houston, and Austin, before being acquired by KKR in 2021 for $15 billion.

Referenced in 12 briefingsLast referenced: April 8, 2026

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April 8, 2026

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Texas Built Its Tax Break for Yesterday's Data Center Market

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

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When Military Strikes Take Down Cloud Regions, Location Becomes Strategy

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

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Texas Built the Datacenter Boom. Now It's Auditing the Deal.

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

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Texas Invited the AI Boom. The $14B Transmission Bill Is the Invoice.

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

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SoftBank Just Priced the Self-Sufficient Datacenter. It's $33 Billion.

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

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Developers Stopped Waiting for the Grid. Now They're Building Around It.

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.

February 11, 2026

1.5 GW in a Day: Three Power Models Converge on One Grid

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.

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