Paul Hastings Advised Crusoe Energy Systems LLC on $3.4B Joint Venture for AI Data Center Development

Paul Hastings LLP advised Crusoe Energy Systems LLC (Crusoe), a vertically-integrated AI infrastructure company, on its $3.4 billion joint venture with Blue Owl Capital Inc. and Primary Digital Infrastructure to fund purpose-built data center capacity at the Lancium Clean Campus in Abilene, Texas. The 206MW, 998,000 sq. foot data center, designed, built, and managed by Crusoe, is a build-to-suit, two-building data center constructed to industry-leading efficiency and reliability standards, and capable of supporting high energy density IT applications. Occupancy is expected to begin in 1H 2025.

Partner Derek Roth led the Paul Hastings team, which included partner Luis Gomar and associates Valeria Jose Ifarraguerri and Michael Zaks.

More details can be found here.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.