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Creekstone Energy secures 13,000-acre lease for 1 GW solar project to power Delta Gigasite data center campus in Utah

Development Solar announced United States Mar 11, 2026
1 GW
Capacity

Creekstone Energy secured a 13,000-acre lease in Utah for a 1 GW solar project. This dedicated facility will directly power the Delta Gigasite data center campus, marking a significant step in providing large-scale renewable energy for data infrastructure.

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Deal Analysis

Creekstone Energy, a privately held oil and natural gas exploration and production company, is strategically diversifying its asset base by developing a 1 GW solar project in Utah, a significant departure from its traditional Rocky Mountain region focus. This 13,000-acre lease acquisition is specifically designed to provide dedicated power to the Delta Gigasite data center campus, establishing a captive off-take agreement for the substantial renewable energy output. The commercial logic for Creekstone Energy centers on leveraging its land acquisition and development expertise, typically applied to conventional and unconventional O&G assets, into the rapidly expanding utility-scale solar sector. This direct power supply model for the Delta Gigasite data center campus offers long-term revenue stability and de-risks the 1 GW project by securing a major energy consumer upfront. The arrangement benefits the Delta Gigasite by guaranteeing a massive, dedicated renewable energy source for its operations in Utah. Barcelona-based Zeo Energy, a renewable energy developer with over 1.5 GW of utility-scale solar PV projects developed and under development across Europe, including Spain, Italy, and France, brings critical solar development expertise to this United States venture. Zeo Energy's established track record in large-scale solar PV development will be instrumental in the execution of the 1 GW Utah solar facility, providing the technical and project management capabilities. For Creekstone Energy, this partnership allows for a strategic entry into the renewable energy sector with an experienced solar developer, mitigating some of the learning curve associated with a new asset class. Conversely, Zeo Energy expands its geographic footprint beyond its European core markets into the burgeoning United States renewable energy landscape. The transaction, announced on 2026-03-11, illustrates the increasing demand for dedicated, large-scale renewable energy solutions for power-intensive data infrastructure, a trend driven by corporate sustainability goals and energy security.
  • Creekstone Energy, an oil and natural gas E&P company, is developing a 1 GW solar project.
  • The 1 GW solar facility will power the Delta Gigasite data center campus in Utah.
  • Creekstone secured a 13,000-acre lease for the project.
  • Zeo Energy, a European solar developer with over 1.5 GW developed, is partnering on the US project.
  • The deal was announced on 2026-03-11.

Timeline

Announced
Mar 11, 2026
Signed
Closed

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