Crusoe sells troubled Wyoming data center project to Google

Crusoe, a Denver-based data center developer recently valued at $30.9 billion, confirmed it sold an unfinished data center project in southeastern Wyoming to Google, which had been a customer Crusoe failed to land for the site and is now planning to invest $17 billion in the campus. Google did not disclose the purchase price, and the deal highlights the difficulty independent developers face in delivering massive projects on time and within budget. Crusoe is still developing another data center for Google near Amarillo, Texas, and raised a $3.9 billion round in September despite the Wyoming setback.