# Crusoe Energy Data Center Capex and Sites
Source: https://savrn.com/data-center-capital-atlas/company/crusoe-energy
Markdown alternate of the page above; the site index is https://savrn.com/llms.txt

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Named sites

5

Site-level commitments the atlas ties to Crusoe Energy

Disclosed site capital

$19.8B

Sum of named sites with a stated dollar figure. Not a capex total; see the spending table

Disclosed capacity

4,900 MW

Sum of named sites with a stated megawatt figure

Financing transactions

16

Transactions naming Crusoe Energy or tied to one of its sites

Spending

## Reported and guided spending

Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent; guidance is what management said it expects. They are shown side by side and never combined.

| Period | Kind | Amount | As stated | Sources |
| --- | --- | --- | --- | --- |
| to date (reported Jul 2026) | raise | ~$2.8B | Total funding raised to date put at $2.77 billion by SiliconANGLE, reporting on the Bloomberg-reported ~$3B round |  |

Named sites

## Where Crusoe Energy builds

Texas

4 sites · $19.8B disclosed

Open the Texas investment tracker →

Wyoming

1 site

Open the Wyoming investment tracker →

| Site | State | Place | Capital | MW | Status | Sources |
| --- | --- | --- | --- | --- | --- | --- |
| Abilene Stargate campus (Crusoe / Blue Owl / Primary Digital JV)with Blue Owl Capital, Primary Digital Infrastructure, Oracle, OpenAI | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Abilene | $15.0B | 1,200 | construction |  |
| Project Hyper data center campus (Spur Buildings 1 and 2), County Road 233, Jaytonwith Spur DC Owner 1 LLC and Spur DC Owner 2 LLC (owners of record), HKS, Inc. (design) | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Jayton, Kent County | ~$4.8B | n.a. | proposed |  |
| Wyoming pipeline capacitycited October 24, 2025 | [Wyoming](https://savrn.com/data-center-capital-atlas/wyoming) | n.a. | n.a. | 1,800 | announced |  |
| Crusoe and Lancium Childress AI data center campuswith Lancium, Unnamed hyperscale technology company (tenant), HKS, Inc. (design) | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Childress, Childress County | n.a. | 1,000 | announced |  |
| Abilene 900MW AI factory campus (Microsoft)with Microsoft | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Abilene | n.a. | 900 | announced |  |

Financing

## Financing transactions

Transactions that name Crusoe Energy as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.

| Parties | Instrument | Amount | Date | Site | Sources |
| --- | --- | --- | --- | --- | --- |
| Crusoe + Blue Owl Capital + Primary Digital InfrastructureThe Abilene, Texas AI campus construction loan sits inside a $15B JV with Crusoe, Blue Owl Capital and Primary Digital Infrastructure. | jv equity | $15.0B | reported in Newmark 2025 outlook coverage | Abilene, Texas AI campus (TX) |  |
| Crusoe Energy Systems + Jane StreetBloomberg reported on 3 September 2026 that Crusoe had signed a five-year cloud contract worth roughly $13 billion to supply Jane Street with GPU clusters and related AI infrastructure through the Crusoe cloud platform, described as Crusoe's highest-profile cloud customer to date. Press reporting places Jane Street at roughly $19 billion of contracted AI compute across Crusoe and CoreWeave combined. The atlas records this as press-reported; no company release or filing states the terms. | other | ≥$13.0B | Reported 3 September 2026 by Bloomberg | n.a. |  |
| Crusoe Energy + Blue Owl Capital + Primary Digital InfrastructurePhase 2 funds six additional buildings to bring the Abilene campus to 1.2GW across eight buildings, each designed for up to 50,000 Nvidia GB200 NVL72s. | jv equity | ~$11.6B | May 21, 2025 | Abilene Stargate campus (Crusoe / Blue Owl / Primary Digital JV) (TX) |  |
| Newmark (structuring) + Crusoe + Blue Owl Capital + Primary Digital InfrastructureNewmark structured the $7.1B construction loan for the 1.2 GW Abilene, Texas AI campus, eight buildings targeting 1.4 GW by 2026. | debt facility | $7.1B | reported in Newmark 2025 outlook coverage | Abilene, Texas AI campus (TX) |  |
| Crusoe EnergyOn 17 September 2026 Crusoe announced the initial closing of its anticipated $3.9 billion Series F at a $30.9 billion post-money valuation, co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, with investors including Founders Fund, GIC, NVIDIA, QIA, Radical Ventures, TPG, Fidelity, T. Rowe Price, Baillie Gifford, Altimeter, Tiger Global, Salesforce Ventures, StepStone and DPR Construction. Crusoe said proceeds will scale existing programs and support the build out of its own AI factories, and cited $140 billion of total contracted value, more than 6 GW of gross contracted capacity and 1 GW delivered and operational. Press reports on 3 September 2026 had described a raise of more than $3 billion at roughly $30 billion; the round was reported alongside a roughly $13 billion five-year cloud contract with Jane Street. The prior $1.375 billion Series E in October 2025 valued Crusoe at more than $10 billion | equity raise | ≥$3.9B | Initial closing announced by Crusoe 17 September 2026; first reported by Bloomberg July 2026 and reported closed 3 September 2026 | n.a. |  |
| Crusoe Energy + Blue Owl Capital + Primary Digital InfrastructureInitial joint venture funding the Abilene first phase. | jv equity | $3.4B | phase 1 construction began June 2024 | Abilene Stargate campus (Crusoe / Blue Owl / Primary Digital JV) (TX) |  |
| Crusoe Energy + Valor Equity Partners + Mubadala CapitalSeries E co-led by Valor Equity Partners and Mubadala Capital, disclosed with a 45GW pipeline, 1.2GW at Abilene and 1.8GW in Wyoming. | equity raise | ≥$1.4B | October 24, 2025 | n.a. |  |
| Nvidia + CoreWeave + Nebius + Nscale + Lambda + CrusoeNvidia backstops $860M of partner data center lease obligations, with $470M escrowed, across CoreWeave, Nebius, Nscale, Lambda and Crusoe. | guarantee | $860M | Date n.a. in this part | n.a. |  |
| Crusoe Energy + Founders Fund + Fidelity + Mubadala + Nvidia + Ribbit + Valor + CrusoeSeries D led by Founders Fund. | equity raise | $600M | closed December 12, 2024 | n.a. |  |
| AMD + Crusoe + Goldman Sachs (lender) + 5C (Ohio data center developer)The Information reported, as carried by Reuters, that AMD would backstop a $300 million Goldman Sachs loan for Crusoe to buy and deploy AMD AI chips, by agreeing to lease the chips back if Crusoe cannot secure customers. The chips are being installed in an Ohio data center built by 5C, the Brookfield-backed Canadian developer. Crusoe declined to comment and AMD did not respond. | guarantee | ~$300M | Backfill (not previously recorded). Reported by The Information and Reuters 19 February 2026; not confirmed by Crusoe or AMD | n.a. |  |
| Meta + CrusoeWith Oracle and OpenAI dropping plans to expand the flagship Abilene Stargate site, Meta is in talks to pick up Crusoe capacity and reportedly paid a $150 million deposit to Crusoe to secure the site. | other | ~$150M | Reported after the Abilene expansion was dropped | Stargate flagship campus, Abilene (Crusoe/Lancium Clean Campus) (TX) |  |
| Crusoe + Thinking Machines LabCrusoe and Thinking Machines Lab announced a $65 million annual agreement for Crusoe Managed Inference to serve the lab's production workloads on a dedicated deployment of NVIDIA HGX B200 systems on Crusoe Cloud. Crusoe said Managed Inference has passed $100 million in contracted ARR. The release does not name the data center location. | compute lease | $65M | Announced 23 September 2026 (GlobeNewswire) | n.a. |  |
| Crusoe + Aalo AtomicsCrusoe and Aalo Atomics formed a partnership to deploy a Crusoe Spark modular data center powered by an Aalo reactor at Idaho National Laboratory in 2027, with Aalo Pods and a 50 MWe XMR power plant planned by the end of 2029 | other | n.a. | Announced 30 July 2026 | n.a. |  |
| Energy Vault + Crusoe + City of SnyderEnergy Vault broke ground on a battery-backed AI campus in Snyder, Texas, buying 10 Crusoe Spark modular data centers that Crusoe will lease back as powered shell. Phase 1 is 8 MW targeting commercial operation in the first quarter of 2027, with expansion potential to 25 MW In its Q2 2026 results on 11 August 2026 Energy Vault stated the Phase 1 commercial operation target as the first half of 2027 | other | n.a. | Groundbreaking reported 27 July 2026 | n.a. |  |
| Crusoe + Boom SupersonicCrusoe was the launch customer for Boom Supersonic's Superpower natural gas turbine, ordering 29 units totaling 1.21 GW (42 MW each) for its AI data centers in December 2025. On 25 September 2026 Boom CEO Blake Scholl wrote on X that Crusoe and Boom are no longer launching the turbine together; Boom said it will deliver about 250 MW of turbines to other sites in 2027 and targets 1 GW in 2028. | equipment order | n.a. | Order announced 9 December 2025; ended per Boom CEO Blake Scholl's post on X, 25 September 2026 | n.a. |  |
| Crusoe + KALiNA Distributed Power (KALiNA Power Limited)Multi-year framework agreement for Crusoe-owned and operated AI data centres co-sited with KALiNA's 170 MW near-zero-emission natural gas plants with carbon capture (Power-CCS) in Alberta, each to be developed under a separate project development agreement with an indicative tolling PPA of at least 15 years and Crusoe funding of certain interconnection security payments. Initial locations are KALiNA's Myers Energy Park, Alsike Energy Park and Crossfield Energy Park, all with AESO self-supply and export system access requests filed; Gilby and Clairmont are further sites. | power supply agreement | n.a. | Framework agreement announced 12 February 2025 (KALiNA release via CNW) | n.a. |  |

The record

## Sourced facts on Crusoe Energy

- The Series E disclosure cited a 45GW pipeline, 1.2GW at Abilene and 1.8GW in Wyoming.
- Meta reportedly contracted two Crusoe data centers under construction in Texas and Missouri.
- No Abilene-specific delay was found; Crusoe publicly backed Governor Abbott's Texas data center audits and responsible growth standards in an August 8, 2026 item. Iceland and international expansion figures are n.a.
- Press reporting places Jane Street at roughly $19 billion of contracted AI compute across Crusoe and CoreWeave combined. Neither counterparty has published the contract terms.

Sources

## Sources for Crusoe Energy

Every source cited on this page, once each. The full atlas source register is at [Capital Atlas sources](https://savrn.com/data-center-capital-atlas/sources).

- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-blue-owl-capital-primary-digital-joint-venture)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-blue-owl-capital-and-primary-digital-infrastructure-enter-joint-venture)
- bisnow.com[Bisnow](https://www.bisnow.com/news/national/data-center/primary-digital-infrastructure-emerges-as-key-player-in-texas-stargate-data-center-campus-129519)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-expands-ai-data-center-campus-in-abilene-to-1-2-gigawatts)
- tdlr.texas.gov[TDLR TABS Project Hyper, Spur Building 1 (TABS2027002494)](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2027002494)
- tdlr.texas.gov[TDLR TABS Project Hyper, Spur Building 2 (TABS2027002499)](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2027002499)
- datacenterdynamics.com[Data Center Dynamics (walled; headline attributes the filings to Crusoe)](https://www.datacenterdynamics.com/en/news/crusoe-files-for-48bn-data-center-campus-in-jayton-texas/)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-announces-series-e-funding)
- county17.com[County 17](https://county17.com/2026/09/11/google-stepping-in-for-crusoe-pitches-700-acre-data-center-campus-to-laramie-county-on-wednesday/)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-and-lancium-announce-1-gigawatt-ai-data-center-campus-in-childress-texas)
- tdlr.texas.gov[TDLR TABS project TABS2027000824](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2027000824)
- tdlr.texas.gov[TDLR TABS project TABS2027000830](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2027000830)
- tdlr.texas.gov[TDLR TABS project TABS2027000835](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2027000835)
- finance.yahoo.com[Crusoe (GlobeNewswire via Yahoo Finance)](https://finance.yahoo.com/news/crusoe-appoints-nader-pakfar-founder-150000807.html)
- tdlr.texas.gov[TDLR TABS project TABS2024024946](https://www.tdlr.texas.gov/TABS/Search/Project/TABS2024024946)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-announces-new-900-mw-ai-factory-campus-in-abilene-texas-to-support-microsoft-ai-infrastructure)
- completeaitraining.com[Complete AI Training](https://completeaitraining.com/news/newmark-groups-15-billion-data-center-bet-how-ai/)
- bloomberg.com[Bloomberg](https://www.bloomberg.com/news/articles/2026-09-03/crusoe-signs-roughly-13-billion-ai-cloud-deal-with-jane-street)
- ca.finance.yahoo.com[Reuters via Yahoo Finance](https://ca.finance.yahoo.com/news/crusoe-signs-13-billion-ai-195326470.html)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/crusoe-signs-13bn-deal-with-jane-street-report/)
- siliconangle.com[SiliconANGLE](https://siliconangle.com/2026/07/03/ai-data-center-builder-crusoe-reportedly-raising-3b-30b-valuation/)
- bloomberg.com[Bloomberg](https://www.bloomberg.com/news/articles/2026-09-03/crusoe-raises-over-3-billion-in-funding-at-30-billion-valuation)
- techcrunch.com[TechCrunch](https://techcrunch.com/2026/09/03/crusoe-reportedly-raises-3b-at-a-30b-valuation/)
- crusoe.ai[Crusoe newsroom](https://www.crusoe.ai/resources/newsroom/crusoe-announces-series-f-funding)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/nvidia-backs-860m-lease-obligations-of-partner-data-center/)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-closes-series-d-funding)
- finance.yahoo.com[Reuters via Yahoo Finance, 19 February 2026](https://finance.yahoo.com/news/amd-backstop-300-million-crusoe-191218204.html)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/oracleopenai-drop-plans-to-expand-flagship-abilene-stargate-site-meta-in-talks-to-pick-up-crusoe-capacity-with-nvidias-help/)
- markets.businessinsider.com[Crusoe press release (GlobeNewswire via Markets Insider)](https://markets.businessinsider.com/news/stocks/crusoe-and-thinking-machines-lab-partner-to-power-open-model-inference-at-scale-1036567999)
- crusoe.ai[Crusoe](https://www.crusoe.ai/resources/newsroom/crusoe-and-aalo-atomics-form-strategic-partnership-with-goal-of-deploying-first-nuclear-powered-ai-factory)
- techtimes.com[Tech Times](https://www.techtimes.com/articles/322585/20260801/nuclear-microreactor-clears-criticality-crusoe-plans-ai-factory-data-center-test.htm)
- powermag.com[POWER Magazine](https://www.powermag.com/energy-vault-breaks-ground-on-ai-campus-in-texas-for-crusoe-spark-modular-data-centers/)
- sec.gov[SEC Form 8-K (Energy Vault), Ex. 99.1](https://www.sec.gov/Archives/edgar/data/1828536/000182853626000100/ex991_evpressreleasex2026q2.htm)
- sec.gov[SEC Form 10-Q (Energy Vault)](https://www.sec.gov/Archives/edgar/data/1828536/000182853626000101/nrgv-20260630.htm)
- unite.ai[Unite.AI, 25 September 2026](https://www.unite.ai/boom-and-crusoe-end-superpower-turbine-launch-partnership/)
- cryptobriefing.com[Crypto Briefing, 25 September 2026](https://cryptobriefing.com/crusoe-abandons-boom-supersonic-turbine-deal/)
- finance.yahoo.com[KALiNA Power release (CNW via Yahoo Finance), 12 February 2025](https://finance.yahoo.com/news/kalina-power-crusoe-sign-framework-010900844.html)

### NeoCloud and GPU cloud: one page each

[Applied Digital 5](https://savrn.com/data-center-capital-atlas/company/applied-digital)[Bitdeer Technologies Group 2](https://savrn.com/data-center-capital-atlas/company/bitdeer)[Cerebras Systems 6](https://savrn.com/data-center-capital-atlas/company/cerebras)[Cipher Digital Inc. 0](https://savrn.com/data-center-capital-atlas/company/cipher-digital)[Core Scientific 2](https://savrn.com/data-center-capital-atlas/company/core-scientific)[CoreWeave 4](https://savrn.com/data-center-capital-atlas/company/coreweave)[Corvex, Inc. 0](https://savrn.com/data-center-capital-atlas/company/corvex)[Crusoe Energy 5](https://savrn.com/data-center-capital-atlas/company/crusoe-energy)[Fluidstack 2](https://savrn.com/data-center-capital-atlas/company/fluidstack)[Galaxy Digital Inc. 1](https://savrn.com/data-center-capital-atlas/company/galaxy-digital)[Groq 1](https://savrn.com/data-center-capital-atlas/company/groq)[Hut 8 Corp. 1](https://savrn.com/data-center-capital-atlas/company/hut8)[IREN 1](https://savrn.com/data-center-capital-atlas/company/iren)[Lambda (Lambda Labs) 2](https://savrn.com/data-center-capital-atlas/company/lambda)[Nebius Group 4](https://savrn.com/data-center-capital-atlas/company/nebius-group)[Nscale 2](https://savrn.com/data-center-capital-atlas/company/nscale)[Poolside 1](https://savrn.com/data-center-capital-atlas/company/poolside)[SambaNova Systems 0](https://savrn.com/data-center-capital-atlas/company/sambanova)[Sesterce 3](https://savrn.com/data-center-capital-atlas/company/sesterce)[TeraWulf 1](https://savrn.com/data-center-capital-atlas/company/terawulf)[Together AI 0](https://savrn.com/data-center-capital-atlas/company/together-ai)[Voltage Park 6](https://savrn.com/data-center-capital-atlas/company/voltage-park)[Vultr 1](https://savrn.com/data-center-capital-atlas/company/vultr)[WhiteFiber, Inc. 2](https://savrn.com/data-center-capital-atlas/company/whitefiber)

The figure beside each provider is its count of named sites in the atlas.

Part of the [North American Data Center Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.

The SAVRN reference set

## Seven references, one system

Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.

Delay Watchlist

Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.

[Open the watchlist →](https://savrn.com/data-center-delay-tracker)

Moratorium Tracker

The policy layer: every state measure and local moratorium mapped and cited, with one page per state.

Open the tracker →

Water Tracker

Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.

Open the water tracker →

Grid Operator Watchlist

ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.

Open the watchlist →

Permits and Power Development

Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.

Open the permits tracker →

SAVRN Scarcity Tracker

Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.

Open the scarcity tracker →

Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.

[Check an address →](https://savrn.com/site-intelligence)
