Previously Announced 1.2 Gigawatt AI Data Center to Advance AI Leadership in the United StatesSAN FRANCISCO, NEW YORK and AUSTIN, Texas, May 21, 2025 (GLOBE NEWSWIRE) -- Crusoe, a vertically-integrated AI infrastructure company, Blue Owl Capital Inc.("Blue Owl”), a leading alternative asset manager, and Primary Digital Infrastructure, an advisory and data center investment platform, announced today the second phase of a $15 billion joint-venture to fund the 1.2 gigawatt AI data center in Abilene, Texas.
"This is a unique opportunity to be at the forefront of a paradigm-shifting infrastructure investment and we are pleased to do so with such exemplary partners.” "The AI data center at the Lancium Clean Campus represents exactly the kind of strategic infrastructure investment our platform was built for — future-ready, operator-aligned, and mission critical to fulfilling AI-driven compute demand,” said Bill Stein, executive managing director and chief investment officer at Primary Digital Infrastructure.
"An endeavor of this size would simply not be possible without our strategic capital partnerships with Blue Owl and Primary Digital Infrastructure.” "Blue Owl’s joint venture with Crusoe and Primary Digital represents our conviction to serve as a key capital provider for the world’s leading hyperscalers,” said Marc Zahr, Co-President and Global Head of Real Assets at Blue Owl.
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