Crusoe sells its troubled Wyoming data center project to Google, which plans $17 billion

Crusoe, the eight-year-old Denver data center developer recently valued at $30.9 billion, confirmed on Friday it has sold an unfinished data center project in southeastern Wyoming to Google, TechCrunch reports. Google, which Crusoe had tried and failed to sign as a customer for the site, is taking over development after reportedly raising concerns about its cost and timeline under Crusoe's management. Crusoe first announced the project last year with Blackstone-backed Tallgrass, planning to scale it to 10 gigawatts of power capacity. Google did not disclose what it paid, but announced plans to invest $17 billion to develop the campus. The deal shows how hard it is for independent developers to deliver huge projects on time and on budget, with equipment, power and local opposition all in play. The two are not parting ways: Crusoe is building another data center for Google near Amarillo, Texas.