Google takes over Crusoe's stalled Wyoming data-center site, pledges $17B campus (Nov 5-6)
What happened
Google has taken over Crusoe's unfinished data-center project in southeastern Wyoming, Crusoe confirmed on Friday, November 6. Google, which Crusoe had tried and failed to land as a customer for the project, is taking over development after reportedly raising concerns about its cost and construction timeline under Crusoe's management. A day earlier, Google announced plans to invest $17 billion to develop the campus, its first data center in Wyoming, powered mainly by a planned 702 MW fuel-cell plant built with Bloom Energy units and contracted through American Electric Power, alongside grid power, gas generation and carbon capture. Neither company disclosed what Google paid Crusoe for the site. Crusoe is still developing another Google data-center campus near Amarillo, Texas.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- Alphabet (GOOGL) — committing $17 billion to its first Wyoming data-center campus, a major owned-infrastructure bet that contrasts with rivals pulling back on leased capacity. Crusoe (private, valued at $30.9B) — exits a troubled project but keeps developing a Google campus near Amarillo, Texas. Bloom Energy (BE) and American Electric Power (AEP) — the campus power plan includes a 702 MW fuel-cell development using Bloom Energy units contracted through AEP. Tallgrass Energy / Black Hills Energy — partners on power and gas for the campus. Neocloud/data-center developers — the sale highlights how hard it is for independent developers to deliver massive projects on time and on budget, reinforcing the post-midterm stress on the sector.
Sources