Financing October 15, 2024 Stargate Abilene

Crusoe, Blue Owl and Primary Digital form a $3.4B JV to fund Phase 1

The first big money: a $3.4B joint venture (Crusoe plus funds managed by Blue Owl's Real Assets platform and Primary Digital Infrastructure) to build the two-building, 206 MW, ~998,000 sq ft Phase 1 as a build-to-suit '100% long-term leased to a Fortune 100 hyperscale tenant,' later confirmed as Oracle.

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