Deals Counterparts

CyrusOne tops out first building at new Bosque County, Texas data center campus

Development Data Center announced Whitney, United States Mar 9, 2026
400 MW
Capacity
construction
Stage
Bosque County campus
Project

CyrusOne's Bosque County, Texas data center campus will exceed 400MW at full build-out, with its first $750 million building (DFW1.

Get daily data center deal alerts — free, no spam.

Register free to access full counterpart details, deal analysis, and timeline.

Register free →

Deal Analysis

CyrusOne is actively developing a new data center campus in Bosque County, Texas, with the first $750 million building, DFW1, now topped out. This initial construction phase in Whitney, Texas, confirms CyrusOne's commitment to a facility ultimately exceeding 400MW at full build-out. The substantial upfront capital for DFW1 indicates strong commercial confidence in future data center demand within the United States. CyrusOne, as the developer, expands its global data center operations with this large-scale project. The 2026-03-09 announcement of this development precedes the current construction stage, demonstrating a rapid progression from planning to physical infrastructure. CyrusOne, a developer known for designing, building, and operating industry-leading data centers globally, extends its portfolio with this 400MW Bosque County campus. Calpine Corporation, a leading independent power producer in the United States, acts as a critical partner, providing electricity from its fleet of over 25 GW of natural gas-fired and geothermal power plants. Calpine's involvement ensures the substantial power requirements for the Whitney, Texas, data center are met, leveraging its established generation capacity. This collaboration between CyrusOne and Calpine highlights the necessity of integrated power solutions for hyperscale data center developments in the United States.
  • CyrusOne's Bosque County campus will exceed 400MW at full build-out.
  • The first building, DFW1, involves a $750 million investment.
  • Calpine Corporation, operating over 25 GW of power plants, partners on the project.
  • The data center is under construction in Whitney, Texas.
  • The development was announced on 2026-03-09.

Source Intelligence

KEY DETAILS

The first building, DFW10, cost $750 million. A second building, DFW11, cost $400 million. DFW10 is 250,000 sq ft (23,225 sqm). DFW11 is 88,875 sq ft (8,255 sqm). Construction involved 650 people and 450,000 man-hours to date. Initial fit-out of DFW10 is expected by October 2026, and DFW11 by August 2027. CyrusOne first filed to develop DFW10 in 2024. Calpine's Thad Hill Energy Center is a natural gas power plant with 250MW capacity, commissioned in 2010, serving the ERCOT grid. Quotes: "The $750 million DFW10 is set to be a 250,000 sq ft (23,225 sqm), single-story data center." "A second building, the $400m DFW11, is set to be a single-story facility totaling 88,875 sq ft (8,255 sqm)." "CyrusOne said the construction had seen 650 people involved, taking 450,000 man-hours to date – all without incident." "Initial fit-out of the first two buildings is expected to be completed in October 2026 and August 2027, respectively, according to TDLR filings." "The company first filed to develop a building – known as DFW10 – at the site in 2024." "Thad Hill is a natural gas power plant with a capacity of 250MW. It was commissioned in 2010 and serves the Electricity Reliability Council of Texas (ERCOT) grid."

Capacity
CyrusOne has said the campus, being developed in partnership with Calpine, could total more than 400MW at full build-out.
Location
CyrusOne has topped out its latest data center in Texas. The company this week announced that it had topped out the first building at its new campus in Bosque County, Texas. ... The site is located in Whitney, between the Dallas-Fort Worth area and Waco.
Announcement
CyrusOne officially announced plans for the campus, adjacent to Calpine Corporation’s Thad Hill Energy Center, in July 2025.
COD
Initial fit-out of the first two buildings is expected to be completed in October 2026 and August 2027, respectively, according to TDLR filings.
PARTIES MENTIONED IN SOURCE
C
CyrusOne developer

"CyrusOne has topped out its latest data center in Texas."

C
Calpine Corporation partner

"CyrusOne officially announced plans for the campus, adjacent to Calpine Corporation’s Thad Hill Energy Center, in July 2025."

K
KKR investor

"KKR-owned CyrusOne has more than 50 data centers across the US and European markets."

C
Constellation investor

"Calpine is owned by Constellation."

high quality Enriched Mar 9, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Register free →
Track Data Center deals