From TechCrunch · Marina Temkin · · 1m 30s
Crusoe sells Wyoming data center to Google
Crusoe hands over its troubled Wyoming project to Google after cost and timeline concerns, but keeps building for the search giant elsewhere.
In brief
Crusoe hands over its troubled Wyoming project to Google after cost and timeline concerns, but keeps building for the search giant elsewhere. Crusoe sold its unfinished Wyoming data center project to Google, which will invest seventeen billion dollars to complete it after raising concerns about costs and construction…
Crusoe sells Wyoming project
Crusoe, a Denver-based data center developer valued at thirty point nine billion dollars, confirmed Friday it sold an unfinished Wyoming data center project to Google.
Google takes over after concerns
Google, which Crusoe had tried and failed to land as a customer, is taking over development after reportedly raising concerns about the project's cost and construction timeline.
Google invests seventeen billion
Google did not disclose what it paid Crusoe but announced plans to invest seventeen billion dollars to develop the data center campus in southeastern Wyoming.
Crusoe keeps other Google work
Despite taking over the Wyoming facility, Google has not walked away from working with Crusoe entirely. Crusoe is developing another data center for Google near Amarillo, Texas.
Crusoe's other major projects
Crusoe's campus in Abilene, Texas is being built in phases for Oracle and OpenAI. The company is constructing a separate nine hundred megawatt campus for Microsoft, with its first building expected online mid-two thousand twenty-seven.
Crusoe raised funds despite setback
The Wyoming setback did not stop Crusoe from raising a three point nine billion dollar round in September, months after Bloomberg first reported the sale in June.
The takeaway
Crusoe sold its unfinished Wyoming data center project to Google, which will invest seventeen billion dollars to complete it after raising concerns about costs and construction timelines.
