Crusoe drops $1.25B turbine deal for AI data center power
Crusoe has dropped a planned $1.25 billion purchase of 29 Boom Supersonic turbines for its AI data centers. Boom’s CEO said the stationary power units are no longer part of Crusoe’s near-term energy mix, though Boom expects to deliver about 250MW elsewhere next year. Crusoe said it remains flexible about power sources as it expands its AI factory campuses.
Crusoe, based in Denver, began in 2018 mining bitcoin using surplus natural gas from oilfields. It later became a major AI data center developer, including an Abilene, Texas campus serving OpenAI. It recently raised $3.9 billion.
Boom Supersonic, also Denver-based, is developing the Overture supersonic jet and launched a stationary power business using a gas-fired turbine derived from its Symphony engine. Crusoe had agreed to buy 29 42-megawatt Superpower turbines for $1.25 billion, with first deliveries planned for 2027. That launch partnership has ended. Boom says it will deliver about 250MW elsewhere next year and aims for 1GW in 2028.
The canceled turbine order may affect how quickly AI data centers secure power, potentially influencing computing costs and availability for services people use. Communities near expanding campuses could see different energy mixes, grid demands, or local emissions depending on whether operators choose turbines, renewables, batteries, or grid power. Boom’s stationary-power ambitions may face a slower path without its first customer, while Crusoe’s flexibility could let it adapt site by site. These outcomes remain uncertain and depend on future energy choices and infrastructure buildout.