News & Updates
The latest news and updates from companies in the WLTH portfolio.
PROENERGY To Deliver Major Generating Equipment To Power Crusoe AI Factories
650-MW Power Generation Equipment Solution Includes 13x PE6000 Units Delivered by Summer 2027 Crusoe will install the equipment to power upcoming hyperscale datacenter projects. Like all PROENERGY solutions, equipment for Crusoe's hyperscale AI factories will be test-fit and quality-checked at the Sedalia manufacturing facility to arrive onsite ready to install. "Our equipment is made in-house for world-class reliability no matter the application," says Jeff Canon, PROENERGY President and CEO. "We appreciate that Crusoe trusts PROENERGY to deliver a solution on time and as promised." SOURCE PROENERGY Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Crusoe expands Texas data centre for Microsoft with 900MW
Crusoe announced the development of a new, dedicated AI factory campus in Abilene, Texas. Supporting large scale AI workloads for Microsoft, the 900 MW site includes two new buildings and an onsite power plant. The new campus is located adjacent to Crusoe's existing Abilene AI factory, bringing the total projected capacity across the full Abilene site to 2.1 GW. Land clearing and site preparation for the new campus are already underway, with the first building expected to be ready for service in mid-2027.
Crusoe Unveils 900 MW AI Facility in Abilene, Boosting Microsoft Infrastructure
Crusoe has unveiled plans for a significant expansion of its AI factory campus in Abilene, Texas. The new facility, designed to support Microsoft's expansive AI infrastructure, will feature a capacity of 900 megawatts (MW). This development is part of a broader strategy to enhance large-scale AI workloads while ensuring grid resilience. Details of the New AI Facility The new campus will include two buildings and an on-site power plant, bringing the total capacity of Crusoe's Abilene site to 2.1 gigawatts (GW). Work has already commenced on land clearing and site preparation, with plans to energize the first building by mid-2027. Comments from Local Officials * Jodey Arrington, Chairman of the House Budget Committee, emphasized the strategic importance of West Texas, dubbing it the "Silicon Prairie for AI." * Weldon Hurt, Mayor of Abilene, highlighted the job creation potential and economic boost from the project. * Noelle Walsh, President of Cloud Operations & Innovation at Microsoft, affirmed the need for reliable infrastructure in response to growing AI demand. Infrastructure and Economic Benefits The new campus exemplifies Crusoe's commitment to providing gigascale AI infrastructure rapidly. Their previous projects have set industry benchmarks, with the initial phase completed in less than a year. The upcoming facility will incorporate several advanced features: * On-site energy infrastructure: The 900 MW plant will support operational reliability. * High-density computation: Each of the two buildings will handle 336 MW of critical IT load. * Efficient cooling: A closed-loop non-evaporative cooling system will enhance sustainability. This expansion is projected to create thousands of construction jobs and hundreds of permanent positions, amplifying Crusoe's role as an economic driver in the Abilene region. Future Prospects for the Abilene Community Crusoe's existing data center already accounts for a significant part of Abilene's property tax revenue. With the new expansion, the economic contributions are expected to increase further, benefiting local businesses and public services. As an industry leader, Crusoe aims to revolutionize AI infrastructure, positioning the U.S. as a leader in technological innovation.
Crusoe confirms Microsoft as customer at campus in Abilene, Texas
Crusoe has officially confirmed that Microsoft has signed on to take the remaining capacity at its Abilene, Texas, campus. Microsoft has signed an agreement for 900MW of capacity, including two new buildings and an on-site power plant. Each of the two new buildings will offer 336MW of IT capacity. The existing Crusoe campus in Abilene - OpenAI/Stargate The lease will bring the total projected capacity at the site to 2.1GW. Microsoft's data centers will sit on land adjacent to the existing Abilene campus, being used by OpenAI and Oracle. Land works are already underway, and the first building is expected to be energized in mid-2027. Reports that Microsoft was set to take over capacity at the site emerged earlier this week, though the cloud giant was at the time only expected to lease 700MW. "We're excited to welcome Microsoft to the Abilene community. Crusoe's existing data center campus has already contributed thousands of direct jobs to Abilene and fueled the local economy," said Weldon Hurt, Mayor, City of Abilene. "This new project will further strengthen our local economy; supporting our restaurants, our home builders, while creating high-paying jobs for Abilene citizens. We're proud to be growing alongside partners who are committed to doing this right for Abilene." "As customer demand for AI continues to grow, Microsoft is focused on ensuring access to reliable and responsible infrastructure at scale," added Noelle Walsh, president, Cloud Operations & Innovation at Microsoft. "Crusoe's Abilene facility reflects the type of large-scale infrastructure that supports next-generation AI while contributing long-term value to the local community." The onsite power plant will provide 900MW of behind-the-meter energy to Microsoft, paired with an MV BESS system. Oracle and OpenAI were previously expected to take up all the capacity at the campus, but scaled back their plans earlier this year, instead opting to call it quits at 1.2GW - or around eight data center buildings. OpenAI said of the decision that they would be putting the additional capacity in other locations. Microsoft has been expanding its footprint rapidly and brought 1GW of data center capacity online in the last quarter alone. In 2025 as a whole, 2GW were stood up by the company. Last week, Microsoft revealed it would no longer be seeking nondisclosure agreements (NDAs) for its data center projects, citing a need for improved transparency with local communities. More in Colocation & Wholesale
Microsoft secures 900 MW AI capacity at Crusoe Texas campus with mid 2027 target
The new campus will lift Crusoe's total projected Abilene capacity to 2.1 GW as Microsoft locks in more large scale AI infrastructure in West Texas. Crusoe said Friday it is developing a new 900 megawatt AI factory campus in Abilene, Texas, to support Microsoft, expanding one of the largest AI infrastructure hubs in the US as hyperscalers race to secure power and data center capacity for next-generation AI workloads. The new campus will sit next to Crusoe's existing Abilene infrastructure and include two buildings plus an onsite power plant designed to support grid resilience. Crusoe said the addition will bring the site's total projected capacity to 2.1 gigawatts, with land clearing already underway and the first building expected to be energized in mid 2027. The move builds on Crusoe's earlier Abilene expansion. In March 2025, the company said it was increasing the campus to 1.2 gigawatts across eight buildings, with the second phase then expected to finish in 2026. Crusoe has described the first Abilene phase as a 200 megawatt initial build that scaled into one of the biggest AI infrastructure developments in the country. The announcement comes days after Microsoft agreed to lease a large data center in Abilene, Texas, from Crusoe, which was originally planned for Oracle and OpenAI. The leased capacity is about 700 megawatts, and the site sits adjacent to the Stargate campus, highlighting how quickly tenants and build plans are shifting in the AI infrastructure race. That backdrop matters because Abilene has emerged as a strategic AI buildout zone. Recent coverage has tied the area to Stargate-related expansion efforts, while Crusoe has kept pressing ahead with its own campus growth and manufacturing push. Crusoe said earlier this month it is also building a manufacturing facility for modular AI factories, underscoring how developers are trying to standardize and accelerate deployment as power becomes the main bottleneck. Crusoe said the new Abilene campus is designed around energy availability first. It will feature 900 megawatts of behind-the-meter onsite generation, battery storage, ultra-high-density compute capacity, and closed-loop non-evaporative liquid cooling. The company said the project is expected to create thousands of construction jobs and hundreds of permanent roles, while the first eight buildings of the existing campus are already expected to contribute meaningfully to Abilene and Taylor County tax revenue.
Crusoe confirms Microsoft as new 900MW capacity customer at Abilene data center site
The AI data center firm Crusoe announced today that Microsoft (MSFT) will lease 900 MW of capacity from its campus in Abilene, Texas, which also serves as the flagship site of the Stargate Project. The new infrastructure will increase the Microsoft will increase its AI infrastructure by leasing 900 MW at Crusoe's Abilene campus, enabling support for growing AI workloads and providing access to large-scale, reliable infrastructure. The development is expected to boost Abilene's property tax revenue by 32% and Taylor County's by 25%, contributing long-term value to the local community. OpenAI and Oracle decided not to increase their site footprint from 1.2 GW to 2 GW, allowing available capacity for other hyperscale clients like Microsoft Azure.
Crusoe Announces New 900 MW AI Factory Campus in Abilene, Texas to Support Microsoft AI Infrastructure
"As customer demand for AI continues to grow, Microsoft is focused on ensuring access to reliable and responsible infrastructure at scale," said Noelle Walsh, President, Cloud Operations & Innovation at Microsoft. "Crusoe's Abilene facility reflects the type of large-scale infrastructure that supports next generation AI while contributing long term value to the local community." "Crusoe is building a new AI factory campus in Abilene, purpose-built for the demands of next-generation AI," said Chase Lochmiller, Co-founder and CEO of Crusoe. "By integrating 900 megawatts of new on-site power generation, we will continue building the industrial foundation for American AI - at a velocity the industry has never seen." Energy-first AI infrastructure The new campus is engineered to support the evolving requirements of next-generation AI silicon. Key features include: The first eight buildings of Crusoe's existing data center campus in Abilene are expected to deliver up to 32% of the City of Abilene's and up to 25% of Taylor County's current FY 2025 Budgeted Property Tax Revenue. With this newly announced expansion of the campus, Crusoe anticipates the economic and tax contributions to significantly increase, creating even more positive impact in the Abilene community. About Crusoe As the AI factory company, Crusoe is on a mission to accelerate the abundance of energy and intelligence. The company provides a reliable, scalable, cost-effective, energy-first solution for AI infrastructure. By harnessing large-scale energy sources, building AI-optimized data centers, and delivering a powerful AI cloud platform, Crusoe empowers its customers and partners to build the future faster. Media Contact Stephanie Schlegel Offleash for Crusoe [email protected] Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Crusoe Announces New 900 MW AI Factory Campus in Abilene, Texas to Support Microsoft AI Infrastructure
New dedicated campus designed to support large-scale AI workloads; combined with Crusoe's existing Abilene infrastructure, the full site is expected to reach approximately 2.1 GW of total capacity ABILENE, Texas, March 27, 2026 (GLOBE NEWSWIRE) -- Crusoe, the AI factory company, today announced the development of a new, dedicated AI factory campus in Abilene, Texas. Supporting large scale AI workloads for Microsoft, the 900 MW site includes two new buildings and an onsite power plant to support grid resilience. The new campus is located adjacent to Crusoe's existing Abilene AI factory infrastructure, bringing the total projected capacity across the full Abilene site to 2.1 gigawatts (GW). Land clearing and site preparation for the new campus are already underway, with the first building expected to be energized in mid-2027, continuing Crusoe's record-setting pace that energized the first two buildings of the Abilene campus in under one year. "West Texas has become the Silicon Prairie for AI and the backbone for America's most consequential innovation," said Jodey Arrington, Chairman of the House Budget Committee and U.S. Representative from the 19th Congressional District of Texas. "This major expansion of the campus in Abilene by Crusoe and Microsoft is a testament to the hardworking people and pioneering spirit of the Big Country, ensuring America - not China - will lead the next frontier of information technology." "We're excited to welcome Microsoft to the Abilene community. Crusoe's existing data center campus has already contributed thousands of direct jobs to Abilene and fueled the local economy," said Weldon Hurt, Mayor, City of Abilene. "This new project will further strengthen our local economy; supporting our restaurants, our home builders while creating high-paying jobs for Abilene citizens. We're proud to be growing alongside partners who are committed to doing this right for Abilene." "As customer demand for AI continues to grow, Microsoft is focused on ensuring access to reliable and responsible infrastructure at scale," said Noelle Walsh, President, Cloud Operations & Innovation at Microsoft. "Crusoe's Abilene facility reflects the type of large-scale infrastructure that supports next generation AI while contributing long term value to the local community." Delivering gigascale AI infrastructure on accelerated timelines The new campus is the latest proof point of Crusoe's ability to deliver giga-scale AI infrastructure at a pace the industry has never seen. Crusoe's first Abilene project - two 100 MW buildings - was constructed and energized in under one year, setting a new standard for large-scale AI infrastructure delivery. The second phase, which added six additional buildings to bring total campus capacity to 1.2 GW, is expected to reach completion by the end of 2026. The new campus, which includes two new buildings plus a dedicated on-site power plant, establishes Crusoe as one of the world's leading AI factory developers, capable of delivering giga-scale capacity to hyperscalers and AI labs at accelerated pace. "Crusoe is building a new AI factory campus in Abilene, purpose-built for the demands of next-generation AI," said Chase Lochmiller, Co-founder and CEO of Crusoe. "By integrating 900 megawatts of new on-site power generation, we will continue building the industrial foundation for American AI - at a velocity the industry has never seen." Energy-first AI infrastructure The new campus is engineered to support the evolving requirements of next-generation AI silicon. Key features include: * Behind-the-meter dedicated on-site energy infrastructure: The 900MW on-site power plant provides dedicated energy, paired with an MV BESS system, which is designed to enhance operational reliability and grid resilience. * Ultra-high-density compute: Each of the two new buildings is designed to deliver 336 MW of critical IT load, supporting the rack densities required by the next generation of GPU architectures. * Water efficient cooling: The new campus also features Crusoe's closed-loop non-evaporative liquid cooling systems. * Economic impact: The development is expected to create thousands of additional construction and hundreds of permanent jobs in the Abilene region, furthering the campus's role as a vital economic engine for West Texas. The first eight buildings of Crusoe's existing data center campus in Abilene are expected to deliver up to 32% of the City of Abilene's and up to 25% of Taylor County's current FY 2025 Budgeted Property Tax Revenue. With this newly announced expansion of the campus, Crusoe anticipates the economic and tax contributions to significantly increase, creating even more positive impact in the Abilene community. About Crusoe As the AI factory company, Crusoe is on a mission to accelerate the abundance of energy and intelligence. The company provides a reliable, scalable, cost-effective, energy-first solution for AI infrastructure. By harnessing large-scale energy sources, building AI-optimized data centers, and delivering a powerful AI cloud platform, Crusoe empowers its customers and partners to build the future faster.
Crusoe Announces New 900 MW AI Factory Campus in Abilene, Texas to Support Microsoft AI Infrastructure
New dedicated campus designed to support large-scale AI workloads; combined with Crusoe's existing Abilene infrastructure, the full site is expected to reach approximately 2.1 GW of total capacity ABILENE, Texas, March 27, 2026 (GLOBE NEWSWIRE) -- Crusoe, the AI factory company, today announced the development of a new, dedicated AI factory campus in Abilene, Texas. Supporting large scale AI workloads for Microsoft, the 900 MW site includes two new buildings and an onsite power plant to support grid resilience. The new campus is located adjacent to Crusoe's existing Abilene AI factory infrastructure, bringing the total projected capacity across the full Abilene site to 2.1 gigawatts (GW). Land clearing and site preparation for the new campus are already underway, with the first building expected to be energized in mid-2027, continuing Crusoe's record-setting pace that energized the first two buildings of the Abilene campus in under one year. "West Texas has become the Silicon Prairie for AI and the backbone for America's most consequential innovation," said Jodey Arrington, Chairman of the House Budget Committee and U.S. Representative from the 19th Congressional District of Texas. "This major expansion of the campus in Abilene by Crusoe and Microsoft is a testament to the hardworking people and pioneering spirit of the Big Country, ensuring America - not China - will lead the next frontier of information technology." "We're excited to welcome Microsoft to the Abilene community. Crusoe's existing data center campus has already contributed thousands of direct jobs to Abilene and fueled the local economy," said Weldon Hurt, Mayor, City of Abilene. "This new project will further strengthen our local economy; supporting our restaurants, our home builders while creating high-paying jobs for Abilene citizens. We're proud to be growing alongside partners who are committed to doing this right for Abilene." "As customer demand for AI continues to grow, Microsoft is focused on ensuring access to reliable and responsible infrastructure at scale," said Noelle Walsh, President, Cloud Operations & Innovation at Microsoft. "Crusoe's Abilene facility reflects the type of large-scale infrastructure that supports next generation AI while contributing long term value to the local community." Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Delivering gigascale AI infrastructure on accelerated timelines The new campus is the latest proof point of Crusoe's ability to deliver giga-scale AI infrastructure at a pace the industry has never seen. Crusoe's first Abilene project - two 100 MW buildings - was constructed and energized in under one year, setting a new standard for large-scale AI infrastructure delivery. The second phase, which added six additional buildings to bring total campus capacity to 1.2 GW, is expected to reach completion by the end of 2026. The new campus, which includes two new buildings plus a dedicated on-site power plant, establishes Crusoe as one of the world's leading AI factory developers, capable of delivering giga-scale capacity to hyperscalers and AI labs at accelerated pace. Advertisement "Crusoe is building a new AI factory campus in Abilene, purpose-built for the demands of next-generation AI," said Chase Lochmiller, Co-founder and CEO of Crusoe. "By integrating 900 megawatts of new on-site power generation, we will continue building the industrial foundation for American AI - at a velocity the industry has never seen." Energy-first AI infrastructure The new campus is engineered to support the evolving requirements of next-generation AI silicon. Key features include: Advertisement * Behind-the-meter dedicated on-site energy infrastructure: The 900MW on-site power plant provides dedicated energy, paired with an MV BESS system, which is designed to enhance operational reliability and grid resilience. * Ultra-high-density compute: Each of the two new buildings is designed to deliver 336 MW of critical IT load, supporting the rack densities required by the next generation of GPU architectures. * Water efficient cooling: The new campus also features Crusoe's closed-loop non-evaporative liquid cooling systems. * Economic impact: The development is expected to create thousands of additional construction and hundreds of permanent jobs in the Abilene region, furthering the campus's role as a vital economic engine for West Texas. The first eight buildings of Crusoe's existing data center campus in Abilene are expected to deliver up to 32% of the City of Abilene's and up to 25% of Taylor County's current FY 2025 Budgeted Property Tax Revenue. With this newly announced expansion of the campus, Crusoe anticipates the economic and tax contributions to significantly increase, creating even more positive impact in the Abilene community. About Crusoe As the AI factory company, Crusoe is on a mission to accelerate the abundance of energy and intelligence. The company provides a reliable, scalable, cost-effective, energy-first solution for AI infrastructure. By harnessing large-scale energy sources, building AI-optimized data centers, and delivering a powerful AI cloud platform, Crusoe empowers its customers and partners to build the future faster.
Crusoe Announces New 900 MW AI Factory Campus in Abilene, Texas to Support Microsoft AI Infrastructure
New dedicated campus designed to support large-scale AI workloads; combined with Crusoe's existing Abilene infrastructure, the full site is expected to reach approximately 2.1 GW of total capacity ABILENE, Texas, March 27, 2026 (GLOBE NEWSWIRE) -- Crusoe, the AI factory company, today announced the development of a new, dedicated AI factory campus in Abilene, Texas. Supporting large scale AI workloads for Microsoft, the 900 MW site includes two new buildings and an onsite power plant to support grid resilience. The new campus is located adjacent to Crusoe's existing Abilene AI factory infrastructure, bringing the total projected capacity across the full Abilene site to 2.1 gigawatts (GW). Land clearing and site preparation for the new campus are already underway, with the first building expected to be energized in mid-2027, continuing Crusoe's record-setting pace that energized the first two buildings of the Abilene campus in under one year. "West Texas has become the Silicon Prairie for AI and the backbone for America's most consequential innovation," said Jodey Arrington, Chairman of the House Budget Committee and U.S. Representative from the 19th Congressional District of Texas. "This major expansion of the campus in Abilene by Crusoe and Microsoft is a testament to the hardworking people and pioneering spirit of the Big Country, ensuring America - not China - will lead the next frontier of information technology." "We're excited to welcome Microsoft to the Abilene community. Crusoe's existing data center campus has already contributed thousands of direct jobs to Abilene and fueled the local economy," said Weldon Hurt, Mayor, City of Abilene. "This new project will further strengthen our local economy; supporting our restaurants, our home builders while creating high-paying jobs for Abilene citizens. We're proud to be growing alongside partners who are committed to doing this right for Abilene." "As customer demand for AI continues to grow, Microsoft is focused on ensuring access to reliable and responsible infrastructure at scale," said Noelle Walsh, President, Cloud Operations & Innovation at Microsoft. "Crusoe's Abilene facility reflects the type of large-scale infrastructure that supports next generation AI while contributing long term value to the local community." Delivering gigascale AI infrastructure on accelerated timelines The new campus is the latest proof point of Crusoe's ability to deliver giga-scale AI infrastructure at a pace the industry has never seen. Crusoe's first Abilene project - two 100 MW buildings - was constructed and energized in under one year, setting a new standard for large-scale AI infrastructure delivery. The second phase, which added six additional buildings to bring total campus capacity to 1.2 GW, is expected to reach completion by the end of 2026. The new campus, which includes two new buildings plus a dedicated on-site power plant, establishes Crusoe as one of the world's leading AI factory developers, capable of delivering giga-scale capacity to hyperscalers and AI labs at accelerated pace. "Crusoe is building a new AI factory campus in Abilene, purpose-built for the demands of next-generation AI," said Chase Lochmiller, Co-founder and CEO of Crusoe. "By integrating 900 megawatts of new on-site power generation, we will continue building the industrial foundation for American AI - at a velocity the industry has never seen." Energy-first AI infrastructure The new campus is engineered to support the evolving requirements of next-generation AI silicon. Key features include: The first eight buildings of Crusoe's existing data center campus in Abilene are expected to deliver up to 32% of the City of Abilene's and up to 25% of Taylor County's current FY 2025 Budgeted Property Tax Revenue. With this newly announced expansion of the campus, Crusoe anticipates the economic and tax contributions to significantly increase, creating even more positive impact in the Abilene community. About Crusoe As the AI factory company, Crusoe is on a mission to accelerate the abundance of energy and intelligence. The company provides a reliable, scalable, cost-effective, energy-first solution for AI infrastructure. By harnessing large-scale energy sources, building AI-optimized data centers, and delivering a powerful AI cloud platform, Crusoe empowers its customers and partners to build the future faster.