Crusoe, Blue Owl Capital And Primary Digital Infrastructure Enter $3.4B Joint Venture For AI Data Center Development
Portfolio Pulse from Benzinga Newsdesk
Crusoe Energy Systems, Blue Owl Capital, and Primary Digital Infrastructure have announced a $3.4 billion joint venture to develop a 206 MW AI data center at the Lancium Clean Campus in Abilene, Texas. The project is fully funded and will be designed, built, and operated by Crusoe.
October 15, 2024 | 12:12 pm
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Blue Owl Capital is part of a $3.4 billion joint venture to develop a 206 MW AI data center in Texas, which could enhance its asset management portfolio.
Blue Owl Capital's involvement in a significant joint venture for AI data center development aligns with its strategy to expand its asset management capabilities. This could positively impact its stock price as it enhances its portfolio with a high-value project.
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