2024-10-15, joint venture
From Blue Owl Capital to Abilene campus joint venture (Crusoe, Blue Owl, Primary Digital)
Disclosed: undisclosed
Committed: undisclosed
Basis: announced ceiling
Confidence: medium
Term: undisclosed
Crusoe, 2024-10-15
Funds managed by Blue Owl's real estate platform and Primary Digital Infrastructure agreed to jointly sponsor a 206 MW data center in Abilene, Texas, designed, built and operated by Crusoe, in a 3.4 billion US dollar joint venture structured as a fully funded forward takeout. Per-funder amounts were not disclosed.
No loops through this deal.