Google Acquires Unfinished Wyoming Data Center Project From Crusoe

WASHINGTON, Nov 7 (OPA) — Denver-based data center developer Crusoe confirmed Friday that it sold its unfinished southeastern Wyoming facility to Google. Crusoe, recently valued at $30.9 billion, had initially announced the infrastructure project last year alongside Blackstone-backed Tallgrass with ambitions to scale capacity to 10 gigawatts. Google did not disclose financial terms of the purchase but announced a $17 billion investment to develop the massive campus.

The transaction underscores the mounting difficulties independent infrastructure developers face in delivering large-scale data centers on schedule and within budget amid complex equipment procurement, power acquisition, and local community resistance. Google previously raised concerns regarding the site's escalating costs and delayed construction timeline while Crusoe attempted to secure the company as a customer.

Despite stepping in to take over the Wyoming site, Google maintains active partnerships with Crusoe elsewhere. Crusoe continues to develop another data center for Google near Amarillo, Texas. The Wyoming buyout was initially reported by Bloomberg in June, though the setback did not impede Crusoe from securing a $3.9 billion funding round in September.

Founded by CEO Chase Lochmiller and Cully Cavness, Crusoe maintains extensive contracts across the artificial intelligence sector. The firm is constructing a campus in Abilene, Texas, for Oracle and OpenAI, building a 900-megawatt facility for Microsoft with initial operations slated for mid-2027, and supplying compute power to Meta and Jane Street.