MarketCatalyst
← Back to Resources
News

Google Buys Crusoe's Wyoming Data Center Site, Closing Out Crusoe's Pre-Construction Work

Crusoe and Tallgrass Energy planned a hybrid power setup of fuel cells, grid electricity and gas turbines, with long-term carbon capture, before the site passed to Google.

3 min read·MarketCatalyst

Google ($GOOGL) acquired Crusoe's data-center site in southeast Wyoming on Nov. 6, after Crusoe completed pre-construction work that included site selection, governmental approvals and power strategy. Crusoe announced the sale; no price or other terms were disclosed.

6 GW+
Crusoe contracted capacity
40 GW+
Crusoe development pipeline
1.8 GW
Original campus design, expandable to 10 GW

What was announced

ItemDetails
TransactionGoogle acquired Crusoe's southeast Wyoming data-center site; Crusoe said the sale completes its pre-development work
TermsNot disclosed
Crusoe's workOrigination, entitlement and de-risking, covering site selection, governmental approvals and power strategy
PartnerTallgrass Energy, which co-developed the campus's power and data-center infrastructure with Crusoe
Power planFuel cells, grid electricity and natural gas turbines
Carbon captureLong-term roadmap through Tallgrass's regional CO₂ sequestration hub
Crusoe scaleMore than 6 GW contracted and a development pipeline above 40 GW
Texas roleCrusoe is developing Google's data-center campus under construction in Armstrong County, outside Amarillo

What Crusoe and Tallgrass built

  • Joint development. Crusoe and Tallgrass developed the campus together, coordinating energy-systems design, data-center engineering, site development and engagement with the hyperscaler customer.
  • Energy strategy. The plan pairs fuel cells and natural gas turbines with grid power, with carbon capture planned over the long term through Tallgrass's sequestration hub.
  • Original design. The partners introduced the project on July 24, 2025 as a 1.8 GW campus that could be expanded to as much as 10 GW.
  • CEO comment. Crusoe co-founder and CEO Chase Lochmiller said the company's pre-construction efforts, which he described as origination, entitlement and de-risking, set up the Wyoming project for construction and eventual operation.

Google's Wyoming plans

Reports on the sale say Google announced a long-term investment of about $17 billion in Laramie County, Wyoming, the day before Crusoe's announcement, working with Tallgrass Energy, Black Hills Energy, American Electric Power and Related Digital. In October, American Electric Power (AEP) said it plans a $4 billion, 702 MW fuel-cell power facility near Cheyenne under a 20-year power purchase agreement with Google, using fuel cells from Bloom Energy ($BE), with carbon capture planned and full operation targeted for the end of 2028. Google also reached an agreement with Black Hills to supply power to its planned Cheyenne data center.

How the project got here

In June, Crusoe said it had paused the project, while Bloomberg reported that Alphabet had concerns about costs and timeline under Crusoe's leadership and that Crusoe was under pressure to exit. Black Hills said at the time that the project was not paused and would proceed without Crusoe. A June 30 Laramie County filing identified Google as the owner of the Cheyenne-area campus, which was then described as a 2.7 GW facility. Friday's announcement marks the end of Crusoe's pre-development work on the site.

Shares

Alphabet Class A shares were up 1.15%, or $3.26, at $285.83 as of 2:31 p.m. ET Friday. Bloom Energy shares were up 3.21%, or $5.38, at $172.90 as of 2:37 p.m. ET.

What to watch

  • Deal terms. Whether Google or Crusoe discloses a price or other terms.
  • Construction. When Google starts construction and how much of the campus it builds first.
  • Power. How the fuel-cell, turbine and grid mix is finalized, and when carbon capture comes into the plan.
  • Crusoe's pipeline. Progress on the Texas campus near Amarillo and on the 40 GW-plus pipeline.
  • Related coverage. See our Bloom Energy and NTT DATA report, the Oracle New Mexico story and the TeraWulf backstop terms.

Sources: Crusoe's announcement via GlobeNewswire, with details from Unite.AI, HuggingNews, Cowboy State Daily, ESG Today and Deep News. Share prices are from Google Finance. This article is informational only and is not investment advice.

Readers also read

MarketCatalyst is not a registered investment advisor and does not manage client assets. Content on this platform is provided for informational and educational purposes only. It is not investment advice, and MarketCatalyst is not a stock-picking or trade-alert service. Trading stocks and options involves risk, including the possible loss of principal. Consider your own goals, time horizon, and risk tolerance, and consult a qualified financial advisor before making any investment decision.

Google Buys Crusoe's Wyoming Data Center Site