Google Acquires Crusoe's Wyoming Data Center Site for $17 Billion AI Campus
Google acquired Crusoe's southeast Wyoming data center site, Crusoe said Nov 6; Google plans to invest $17 billion to build the AI campus itself.
Google has acquired Crusoe's data center site in southeast Wyoming, Crusoe announced on November 6, 2026. The deal transfers the site to Google after Crusoe completed pre-development work including site selection, governmental approvals, and a hybrid power strategy developed with Tallgrass Energy.
Google plans to invest $17 billion to develop the campus, according to published reports. The company will build the project itself rather than act as a customer of a Crusoe-led facility.
The hybrid power strategy for the campus includes fuel cells, grid power, and natural gas turbines, with a long-term roadmap for carbon capture via Tallgrass's regional CO2 sequestration hub. Crusoe and Tallgrass Energy initiated the Wyoming campus through joint development of power and data center infrastructure. This parallel process required simultaneous coordination across energy systems design, data center engineering, site development, and hyperscaler engagement.
Crusoe's pre-construction efforts — origination, entitlement, and de-risking — set up the Wyoming project for construction and eventual operation, said Chase Lochmiller, Crusoe's co-founder and CEO. Crusoe has more than 6 GW contracted and over 40 GW in its pipeline.
Crusoe is also the developer of Google's data center campus under construction in Armstrong County, outside Amarillo, Texas.
Neither company disclosed the transaction value. Bloomberg reported in June that Crusoe had been pushed aside at the Wyoming project after failing to secure customers.
The deal reflects a broader trend of hyperscalers taking direct ownership of critical data center assets rather than relying on third-party developers. Google said the Wyoming campus will be built alongside Tallgrass Energy, Black Hills Energy, American Electric Power, and Related Digital, partnerships that will be important as the company scales power supply for one of its largest planned AI facilities.
Google (GOOGL) shares were up 0.8% in delayed trading at $284.78.