Google acquired Crusoe’s data-centre site in southeast Wyoming, taking direct control of a major artificial-intelligence infrastructure project. The AI infrastructure developer confirmed the sale on Friday, although it did not disclose the transaction value.
The move comes a day after Google announced a USD 17 billion investment to build its first data centre in Wyoming. By acquiring the site, the Alphabet-owned company will develop the campus itself rather than act as a customer of a Crusoe-led facility.
Crusoe said it had completed the pre-development phase of the project. This work included site selection, securing government approvals and developing a power strategy for the planned computing campus.
The Denver-based company had originally partnered with Tallgrass Energy on the Wyoming project. With the sale complete, Crusoe’s pre-development engagement has ended, and Google will lead the next stage of construction and operations.
Crusoe, an eight-year-old company recently valued at USD 30.9 billion, had positioned the Wyoming site as part of its expanding AI infrastructure portfolio. The company said the transaction allows it to focus on other projects while Google takes the campus forward.
Reports indicate that Crusoe struggled to secure customers for the proposed facility. Google was among the potential buyers it had approached, but concerns over project costs and construction timelines complicated negotiations.
Crusoe also outlined a longer-term plan involving carbon capture. Google said, “It will be built alongside Tallgrass Energy, Black Hills Energy, American Electric Power and Related Digital. These partnerships will be important as the company scales power supply for one of its largest planned AI facilities.”
The transaction highlights a broader trend among major technology companies. Hyperscalers increasingly want direct ownership of critical data-centre assets instead of relying entirely on third-party developers to build and operate them.
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