Crusoe confirms Google’s Wyoming site acquisition as $17 billion campus advances

Google has acquired the southeast Wyoming data-center site that Crusoe was developing, Crusoe announced on November 6. The transaction ends Crusoe’s pre-development engagement, covering site selection, government approvals and power strategy. The company described its work as preparation for construction and eventual operation.

A day earlier, Google announced a long-term $17 billion investment in its first Wyoming data center, in Laramie County. Residents and electricity customers face questions about site ownership, power costs and the supply schedule. Google pledged to cover its electricity and directly required infrastructure costs, and use air cooling to limit pressure on local water resources.

Crusoe and Tallgrass originally announced the AI campus on July 24, 2025. That plan described 1.8 gigawatts of capacity, with potential expansion to 10 GW. It combined natural-gas supply and prospective regional renewables with access to Tallgrass’s nearby carbon-storage hub and existing gas and water infrastructure. The expansion figure was a development ambition.

Crusoe said its work with Tallgrass coordinated energy design, data-center engineering and site development ahead of construction and operation. Another Google relationship continues: Crusoe is developing the company’s campus under construction in Armstrong County, Texas.

Power contracts set out a staged timetable

The Wyoming supply plan includes 702 megawatts of fuel-cell generation. In an October 14 announcement, AEP said Google would purchase electricity under a 20-year power-purchase agreement. AEP planned roughly $4 billion of investment, construction beginning in 2026 and full operation by the end of 2028. The 702 MW measures the planned generation facility.

AEP owns and controls approximately 92% of the electricity-selling venture; funds advised by Basalt hold nearly 8%. Bloom Energy’s technology produces electricity electrochemically, without burning the natural gas. AEP plans to integrate carbon capture. Google also described underground carbon storage at Tallgrass’s nearby hub. Adding capture to separate Tallgrass combined-cycle turbines remains under a technical engineering and design study.

Black Hills’ October 6 contracts target service in late 2027 and peak load in 2030: 2.7 GW including reserves, comprising up to 590 MW of grid-connected service and 2.1 GW of third-party resources managed through a private microgrid.

The agreements protect existing customers against project costs and include termination and financial safeguards through 2048. Black Hills plans $1.8 billion of gas generation in 2027–2029. Google provided $399 million in refundable equipment advances, repayable by June 30, 2027.

Transmission expansion requires separate approvals. Black Hills’ November 4 results described two applications: the $80 million South Cheyenne project filed in September and $606 million Aeolus project filed on November 2. Regulatory decisions are expected in mid-2027.

Direct cost recovery from benefiting large customers awaits a decision expected in the first quarter of 2027. South Cheyenne targets phased service in late 2027–2028; Aeolus targets mid-2029 completion, subject to approval, with two 230-kilovolt lines spanning approximately 125 miles, upgradable to 345 kilovolts.