Google buys Crusoe's Wyoming data centre site to build it itself

From joint plan to Google-only build

Crusoe announced the project in July 2025 together with Tallgrass Energy, which is backed by Blackstone. At the time it said the site could eventually grow to 10 GW. In June, Bloomberg reported that Crusoe was being pushed aside after failing to sign customers, with Google raising concerns about costs and timing.

Crusoe says its business remains strong elsewhere. The company reports more than 6 GW of capacity under contract and over 40 GW in its pipeline. It is also building a data centre campus for Google near Amarillo, Texas, and raised $3.9B at a $30.9B valuation in September. It has landed other customers too, including a deal with Meta in June and a reported $13B contract with Jane Street.

A tougher climate for developers

The handover comes as the political mood around data centres shifts. Bloomberg said several new governors elected this week have promised to rein in data centres, and voters rejected data centres in 40 of 41 local ballot measures.

For developers, the Wyoming case shows how quickly a large project can change hands when anchor tenants are missing and the biggest prospective customer prefers to control construction. For Google, owning the site directly gives it control over a project it has now backed with a $17B commitment.