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Constellation Energy's newly acquired Calpine subsidiary signed a new agreement in February 2026 to connect and power a CyrusOne data centre next to its Freestone Energy Center in Texas — plus an exclusive option on a second phase of equal size — for an initial 380 megawatts of power committed to a single AI-era data centre in Texas (Calpine-CyrusOne deal)

Constellation Energy's subsidiary, Calpine LLC, signed an agreement in February 2026 with CyrusOne, a data center developer and operator. This agreement is for 380 megawatts of power to connect and serve a new data center next to the Freestone Energy Center in Texas. Calpine also has an exclusive agreement for a second phase of equal size.

Verified 2026-09-12

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Why it matters

Data centres are now signing power deals directly with plant owners, making electricity supply part of the AI story.

Constellation EnergyCEG
Price
$263.58
30D
+1.34%
AI share of revenue
Not disclosed

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