Energy Capital Partners (ECP), one of the largest private owners of power generation and renewables in the US, and KKR, a leading global investment firm, today jointly announced the development of a new 190 MW hyperscale data center campus in Bosque County, Texas – marking the inaugural investment through ECP and KKR’s $50 billion strategic partnership to support AI infrastructure growth in United States.
This project establishes a new model for delivering integrated, AI-ready infrastructure at scale by combining digital capacity and dedicated, around-the-clock power in one of the fastest-growing compute corridors in the nation. The Bosque campus serves as a blueprint for future deployments across the country, aimed at meeting the urgent needs of hyperscalers while supporting local utilities and grid stability as the power received from Calpine will be redirected to support system reliability and help meet local demand in times of grid scarcity.
The campus is being constructed through a joint venture with CyrusOne, a leading global data centre developer and operator, and ECP. The new multiphase data centre campus will encompass more than 700,000 square feet and deliver an initial IT capacity of 144 megawatts. Designed for rapid expansion, the site is expected to represent a total investment approaching $4 billion – positioning it among the most significant AI infrastructure builds in the Dallas–Fort Worth region. The campus will be located on land adjacent to Calpine Corp.’s (Calpine) Thad Hill Energy Center and benefits from reliable natural gas generation. Calpine has secured a long-term contract to supply dedicated power to the data centre campus.
“This first investment through our strategic partnership combines ECP’s power expertise to deliver reliable near-term power with KKR’s strong track record in investing in data center development,” said Tyler Reeder, President of ECP. “With ample capital, a broad existing asset base, and deep sector relationships, our strategic partnership is designed to source and deliver fully integrated, scaled power infrastructure and data center solutions for hyperscalers and other market participants to support their infrastructure needs.”
“The surge in AI demand isn’t just stretching infrastructure – it’s rewriting the blueprint for how it needs to be built,” said Waldemar Szlezak, Partner and Global Head of Digital Infrastructure at KKR. “Hyperscalers need more than capacity; they need certainty, integration, and speed. This project is a reflection of that new reality: bringing together scalable land, power, and compute under a single, coordinated strategy. It is the kind of solution we believe will define the future of infrastructure – and it’s just the beginning of what’s possible when you combine deep operational expertise with long-term industrial vision.”
With a commitment to sustainability, the new CyrusOne campus will feature climate-neutral initiatives, water conservation, biodiversity protection, and capabilities to respond during ERCOT grid emergencies. Construction of the project is underway, and the site is expected to be operational by the fourth quarter of 2026.