Google has purchased an unfinished data center campus in Wyoming from Crusoe Energy after the cloud giant decided not to become a customer. The transaction follows Google’s concerns regarding the project’s cost and timeline under Crusoe’s management. Crusoe is now developing a new facility for Google near Amarillo, Texas.
The new owner plans to invest $17 billion to develop the Wyoming site. Crusoe had previously aimed to scale the location to 10 gigawatts of power capacity. The company secured a $3.9 billion funding round in September despite the setback with the Wyoming project.
This deal marks a significant pivot for Google’s infrastructure strategy in the region. The massive investment suggests Google is proceeding with the expansion while shifting the operational risk to Crusoe. Developers and investors should watch how Crusoe manages its remaining projects and debt obligations moving forward.
