New updates have been reported about Crusoe (PC:CRUSO)
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Crusoe, a data center startup, has entered into a significant agreement with Boom Supersonic to purchase 29 of Boom’s 42-megawatt turbines for $1.25 billion. This strategic move will enable Crusoe to generate 1.21 gigawatts of power for its data centers, marking a pivotal development in its operational capabilities. The turbines, part of Boom’s new Superpower stationary turbine line, are set for delivery starting in 2027, with more details about Boom’s turbine factory expected next year.
The financial implications for Crusoe are substantial, as the company will pay $1,033 per kilowatt of generating capacity. This cost includes turbines, generators, control systems, and preventative maintenance, though Crusoe will need to manage additional components like pollution controls and electrical connections. This pricing is competitive compared to typical aeroderivative turbines, which often include broader project costs. The partnership aligns with Boom’s strategy to fund its supersonic aircraft development through profits from its Superpower turbine sales. For Crusoe, this deal not only enhances its energy infrastructure but also positions it at the forefront of utilizing innovative turbine technology in the data center sector.