Creekstone Energy Secures Largest Solar Lease in Utah’s History and Receives Millard County Zoning Approval for Over 1 GW of Solar Development

Landmark agreement positions Creekstone’s Delta Gigasite as one of the nation’s largest co-located renewable energy and AI data center campuses

DELTA, Utah--(BUSINESS WIRE)--Creekstone Energy LLC (“Creekstone”) today announced it has executed a long-term solar lease with the State of Utah’s School and Institutional Trust Lands Administration (TLA) encompassing approximately 13,000 acres of state trust lands in Millard County. Concurrently, Millard County has granted zoning approval for utility-scale solar development on the first phase of the leased acreage. Creekstone plans to develop more than 1 gigawatt (GW) of solar generating capacity over the next 18 months to support the growing power demands of its Delta Gigasite—one of the largest AI hyperscale data center developments in the western United States.

Securing this lease represents a significant milestone in Creekstone’s strategy to co-locate dedicated renewable energy generation alongside its hyperscale data center campus in Delta, Utah. Revenue generated from the lease will directly benefit the Utah public education system, consistent with TLA’s mandate to maximize long-term financial returns for the state’s public school and other institutional trust beneficiaries.

Creekstone’s Delta Gigasite campus sits on more than 1,100 acres in central Utah’s Millard County adjacent to the leased land and is master-planned for more than 10 gigawatts of total capacity. The campus benefits from access to contracted firm natural gas supply and a favorable regulatory environment. Creekstone is actively advancing power generation and data center infrastructure to support deliveries beginning in 2027.

“This solar lease is a defining moment for Creekstone and for Utah,” said Ray Conley, Chief Executive Officer of Creekstone Energy. “We are building more than a data center campus—we are building an energy ecosystem. By pairing over a gigawatt of dedicated solar generation with our hyperscale data center infrastructure, we are positioning the Delta Gigasite at the forefront of the AI revolution while creating lasting economic value for Utah’s schools and communities. This is what responsible development looks like at scale.”

“The combination of the leased lands, Millard County’s proactive zoning approval, and our existing energy infrastructure creates a development corridor that is extremely difficult to replicate,” said Chase Sheffield, Chief Operating Officer of Creekstone Energy. “With 13,000 acres now under lease, we have the land position to build a solar portfolio that materially offsets the power demands of our hyperscale tenants. We expect to begin site preparation and permitting activities immediately, with first solar generation online within the next year.”

About Creekstone Energy

Creekstone Energy LLC is a vertically integrated energy and data center infrastructure company headquartered in Utah. Creekstone is developing the Delta Gigasite, a master-planned hyperscale data center campus in Millard County, Utah, designed to deliver more than 1 gigawatt of total IT load capacity across multiple phases. The Gigasite’s development strategy combines dedicated on-site power generation—including natural gas, solar, and advanced nuclear technologies—with world-class data center facilities purpose-built for artificial intelligence and high-performance computing workloads. For more information, visit www.creekstone.energy

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding Creekstone’s plans to develop solar generating capacity, anticipated timelines, tenant commitments, and expected project milestones. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Creekstone undertakes no obligation to update forward-looking statements.