InfraComputeThe capital behind compute.

InfraCompute / Deals

Crusoe: Abilene initial JV funded forward takeout

Capital envelope not debt for Crusoe, 15 October 2024.

Key terms

Borrower or issuer
Crusoe
Date
15 October 2024
Structure
Capital commitment (not debt)
Amount
US$3.4bn
Pricing
Not disclosed
Security
not established; do not labelGPU-secured debt

Recorded terms

Security
not established; do not labelGPU-secured debt

Parties

Similar financings

Same structure, other borrowers, closest in date.

More from Crusoe

All Crusoe financings →

For counsel on this deal

Acting for a lender, borrower or sponsor on a financing like this? Start from the filed precedents. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. Crusoe, Blue Owl Capital and Primary Digital Infrastructure enter $3.4 billion joint venture for AI data center developmentSource date: 15 October 2024

About this record

Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.

Read the structure

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Working on a financing like this one? Book 20 minutes with Randeep to see how it compares.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.