TL;DR
Get business pricing on tech for your team
- Business-only prices and quantity discounts
- Tax-exempt purchasing
- Multiple users, one account, clear invoices
Crusoe has sold its unfinished southeastern Wyoming data center project to Google, which plans to invest $17 billion to develop the campus. The sale follows reported concerns about the project’s cost and schedule under Crusoe, but the purchase price and revised construction timetable have not been disclosed.
Crusoe has sold its unfinished data center project in southeastern Wyoming to Google, which says it plans to invest $17 billion to develop the campus. The deal transfers control of a large, power-intensive project to Google after reports that it had raised concerns about the project’s cost and construction schedule under Crusoe’s management.
Crusoe, a Denver-based data center developer, confirmed the sale on Friday. Google did not disclose the price it paid for the unfinished project. Its announced $17 billion investment is for developing the data center campus; the source report does not specify how that amount is divided among construction, infrastructure, equipment or other costs.
Crusoe announced the Wyoming project last year with Tallgrass, a Blackstone-backed infrastructure company, and said it could eventually scale to 10 gigawatts of power capacity. That is the project’s stated long-term scale, not a report that the site has already been built or that all of the capacity is committed. Google is now taking over development.
The sale does not end the companies’ relationship. Crusoe is developing a separate data center for Google near Amarillo, Texas. Bloomberg first reported in June that Google would take over the Wyoming site, while Crusoe’s confirmation on Friday establishes that the sale has occurred. The source report did not provide a revised Wyoming construction schedule or say when the campus will begin operating.
Google Takes Control of a 10-Gigawatt Plan
The transfer puts a major data center development directly under the control of the company planning to use it. Google’s $17 billion investment plan signals the scale of its commitment to building out the Wyoming campus, while the undisclosed purchase price leaves the financial terms between Google and Crusoe unknown.
The reported concerns about cost and construction timing point to a broader challenge facing developers of large data centers: securing power and equipment and delivering projects on schedule. The source report also notes that community opposition can add complications. These pressures matter as technology companies seek infrastructure to support data-intensive services, including AI, but the sale alone does not establish whether Google’s version of the project will meet its planned timeline or budget.
For Crusoe, the outcome is a setback on one project, not evidence that its broader business or customer relationships have ended. The company continues to develop facilities for major technology customers and retained its separate work for Google in Texas. The Wyoming handover may draw attention to how project execution risks affect independent developers even as demand for data center capacity grows.
Products Worth Considering
Jackery Explorer 300 Portable Power Station with 40W Solar Panel
Anker SOLIX C1000 Gen 2 Portable Power Station, 1,024Wh
Jackery Explorer 1000 v2 Portable Power Station, 1070Wh, 1500W
As an affiliate, we earn on qualifying purchases.
Crusoe’s Other Data Center Commitments
Crusoe was founded by CEO Chase Lochmiller and co-founder Cully Cavness as a cryptocurrency-mining company. The original business used natural gas that would otherwise have been burned off, according to the source report. Crusoe has since expanded into data center development and computing services. It leases data center space to customers that supply their own GPUs, rents out its own GPUs and sells computing capacity used to run AI models, known as inference.
Its work for other large customers provides context for the Wyoming sale. Crusoe’s Abilene, Texas, campus is being built in phases for Oracle and OpenAI. The company is also constructing a separate 900-megawatt campus nearby for Microsoft, with its first building expected to come online in mid-2027. Meta is another customer. Bloomberg has reported that trading firm Jane Street signed a five-year cloud deal with Crusoe valued at $13 billion.
Crusoe raised $3.9 billion in September, after the Wyoming sale was first reported in June. At the time of the funding round, it added three board members, including JB Straubel, founder of Redwood Materials and a Tesla board member who invested in Crusoe in 2021. Crusoe later became the first customer of Straubel’s energy-storage business. The company was recently valued at $30.9 billion, according to the source report.
“The company confirmed Friday that it had sold the unfinished Wyoming data center project to Google.”
— Crusoe
Price, Schedule and Final Capacity
The sale price remains undisclosed, and the available information does not say whether the $17 billion investment includes the acquisition cost or only development spending. Google has not provided a revised construction schedule, a timeline for opening the campus or details about what work is already complete.
The project was initially described as capable of scaling to 10 gigawatts, but it is not clear whether Google will retain that target, alter the design or build the site in stages. The source report says Google reportedly raised concerns about cost and construction timing under Crusoe’s management, but it does not provide the company’s direct account of those concerns or Crusoe’s response. No details are given about the role, if any, Tallgrass will have in the project after the transfer.
Google’s Wyoming Buildout Timeline
The next significant details to watch for are Google’s construction schedule, planned capacity and operating timeline, along with any further information about the financial terms of the sale. Google’s development plan will determine how the campus proceeds after Crusoe’s handover; those details have not been announced in the source material.
Crusoe’s other projects will continue on separate tracks, including its work for Google near Amarillo and the campuses it is building in Texas for other customers. The source report gives an expected mid-2027 opening for the first building at Crusoe’s Microsoft campus, but it does not provide a new milestone for Wyoming. Until Google releases further plans, the project’s schedule and ultimate scale remain open questions.
Key Questions
What did Crusoe sell to Google?
Crusoe sold Google an unfinished data center project in southeastern Wyoming. Google is taking over its development.
How much did Google pay for the project?
The purchase price has not been disclosed. Google separately announced plans to invest $17 billion to develop the campus.
How large was the Wyoming project planned to become?
Crusoe and Tallgrass initially described a project that could eventually scale to 10 gigawatts of power capacity. It is unclear whether Google will keep that target.
Does the sale end Crusoe’s work with Google?
No. Crusoe is still developing a separate data center near Amarillo, Texas, for Google.
When will the Wyoming campus open?
No opening date or revised construction schedule has been announced in the available report.
Source: techcrunch.com
