Zeo Signs MOU with Creekstone for 280 MW of Baseload Power for Utah AI Data Center
280 MW
Capacity
Zeo signed a Memorandum of Understanding (MOU) with Creekstone for 280 MW of baseload power to supply a Utah AI Data Center.
Counterparts (2)
Partner
Creekstone
Creekstone Capital is a private equity firm focused on opportunistic and value-add investments across real estate, infrastructure, and other sectors. The firm aims to generate superior risk-adjusted returns through a disciplined investment approach.
Zeo
Zeo Energy is a renewable energy developer and independent power producer (IPP) focused on utility-scale solar and battery storage projects across the United States. They specialize in the full project lifecycle from origination and development to financing, construction, and long-term asset management.
Deal Analysis
Zeo and Creekstone have announced a Memorandum of Understanding (MOU) for a significant 280 MW baseload power supply agreement. This partnership aims to secure the critical energy needs for Zeo's upcoming AI data center in Utah, US. The deal, currently in an announced status, underscores the strategic importance of reliable, high-capacity power infrastructure for advanced computing facilities.
The 280 MW capacity is substantial, highlighting the scale of power required for modern AI data centers. The focus on "baseload" power is particularly notable, indicating a requirement for continuous and stable energy delivery, which is paramount for data center operations. While the specific technology or sector is categorized as "other" and the value remains undisclosed, this MOU represents a crucial step for Zeo in de-risking its data center development and for Creekstone in securing a significant long-term off-take agreement in the rapidly expanding digital infrastructure market.
- 280 MW baseload power capacity.
- Supply for an AI data center in Utah, US.
- Partnership between Zeo and Creekstone.
- MOU status, indicating an initial agreement for a critical infrastructure component.
Timeline
Announced
Mar 3, 2026
Signed
Closed
Global Infrastructure Sherpa