CONSTELLATION AND CYRUSONE ANNOUNCE AGREEMENT TO SUPPORT NEW DATA CENTER FACILITY AT FREESTONE ENERGY CENTER IN TEXAS

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A total of over 1100 MW under contract for CyrusOne data centers in Texas

BALTIMORE and DALLAS (February 9, 2026) — Constellation(NASDAQ: CEG) announced today that Calpine LLC, a business unit ofConstellation, signed a new 380-megawatt (MW) agreement with Dallas-basedCyrusOne, a leading global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center, in Freestone County,Texas.

The agreement provides CyrusOne with access to power, grid connectivity and site infrastructure needed to support development of the new facility, while ensuring electricity continues to flow to the regional grid and ensuring reliability for all customers and communities. Calpine has also entered into an exclusive agreement to provide power, grid connectivity and site infrastructure for Phase 2, which will be an additional 380 MW. These agreements are in addition to the 400 MW agreements announced in the second half of last year between Calpine and CyrusOne for the Thad Hill Energy Center in Bosque County, Texas.

"This agreement with CyrusOne demonstrates Constellation’s ability to meet the growing demand from the data economy while maintaining grid reliability, creating jobs and economic growth, and benefiting local customers and communities. By leveraging existing infrastructure and grid connections, we can help customers move quickly while ensuring continued reliability for Texans,” said JoeDominguez, president and CEO. “With deep expertise and a coast-to-coast presence, Constellation is helping lay the foundation that will keep America atthe forefront of AI and digital technology during this defining moment in our nation’s history.”

The project will utilize the company’s Powered Land Capabilities, a suite of products and services designed to support large-load customers by pairing generation, land and grid access in a way that prioritizes reliability, speed-to-market and predictability for the broader system. Today’s agreement reinforces Constellation’s position as the premier power solutions provider for industrial-scale customers.

"This agreement reinforces CyrusOne's commitment to meeting customer demand inTexas," said Eric Schwartz, CEO of CyrusOne. "Partnering withConstellation and Calpine enables us to deliver reliable, scalable infrastructure while ensuring grid reliability for local communities."

The new facility will be located adjacent to Calpine’s existing Freestone Energy Center, which is located approximately 80 miles southeast of Dallas.

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About Constellation

Constellation Energy Corporation (Nasdaq:CEG), a Fortune 200 company headquartered in Baltimore, is the largestprivate-sector power producer in the world and the nation’s largest producer ofclean and reliable energy. With 55 gigawatts of capacity from nuclear, naturalgas, geothermal, hydro, wind and solar facilities, our fleet has the generatingcapacity to power the equivalent of 27 million homes, providing about 10% ofthe nation’s clean energy and delivering the around-the-clock reliability neededto power America’s growing economy. We are also the largest nuclear energycompany in the U.S. and a leading competitive retail supplier, serving morethan 2.5 million homes, businesses and public sector customers nationwide,including three-fourths of the Fortune 100. We are committed to investing ininnovation and new technologies to drive the transition to a reliable,sustainable and secure energy future. Follow Constellation on LinkedIn and X.

About CyrusOne

CyrusOne is a leading global data center owner,developer and operator, delivering sophisticated digital infrastructuresolutions worldwide. Headquartered in Dallas, Texas, the company operates over60 data centers across the United States, Europe, and Japan. Specializing in comprehensive solutions for hyperscale and enterprise companies, CyrusOneenables customers to align with their unique business and sustainability goals,catering to the complex needs of AI-driven applications and services workloads.CyrusOne’s data centers offer unparalleled flexibility, enabling customers to modernize, simplify, and rapidly respond to changing demands. CyrusOne delivers tailored build-to-suit, colocation, and interconnection solutions that meet theevolving digital needs of its customers. Follow CyrusOne on LinkedIn.

Summary

  • Increasing pressures on the data center industry – including power reliability and sustainability – are fueling interest in nuclear power, notably SMRs
  • Nuclear power has gained acceptance in recent years as a clean solution to overcome rising pollution and climate change while also appealing to those who see it as a means to fuel industrialization and economic growth.
  • Despite its growing acceptance, myths about nuclear power and SMRs continue to persist.