Crusoe Ends $1.25B Boom Turbine Deal for AI Data Centers

Summary

Crusoe, a Denver-based AI data center company that recently raised $3.9 billion, has ended a planned $1.25 billion partnership with fellow Denver company Boom Supersonic. Crusoe had agreed to buy 29 Superpower natural-gas turbines, each rated at 42 megawatts, with deliveries expected to begin in 2027. Boom CEO Blake Scholl said the turbines are no longer part of Crusoe’s near-term primary power mix at sites including Abilene, making the launch partnership impractical. Boom said it expects to deliver about 250 megawatts to other sites in 2027 and is targeting 1 gigawatt in 2028. Crusoe confirmed the partnership has ended and said it will select energy sources by site, including turbines, wind, solar, batteries and the grid. Its 1.2-gigawatt Abilene campus for Oracle and OpenAI is grid-powered, with gas turbines used only for backup, while a separate 900-megawatt Microsoft campus is planned to use on-site gas turbines. The loss of its first customer is a setback for Boom’s stationary-power business, which was intended to help fund development of its Overture supersonic aircraft.