Cyrusone and Calpine Corporation to form a joint venture.

Cyrusone, a global data center developer and operator, and Calpine Corporation, a power company, agreed to form a joint venture. Financial terms were not disclosed. “We’re excited to be a partner in this project to deliver cutting-edge data center infrastructure to Texas, bringing jobs, innovation, and economic growth to the region. This first-of-its-kind project establishes Calpine as a leader in reliable, scalable power solutions for hyperscale customers, leveraging our world-class fleet and Powered Land Capabilities (“PLC”) along with a suite of products and services to support both customer needs and grid reliability across ERCOT and beyond,” Rick Peña, Calpine Executive Vice President of Corporate Development.