08:57 AM EDT, 10/15/2024 (MT Newswires) -- Blue Owl Capital (OWL), Crusoe Energy Systems, and Primary Digital Infrastructure formed a $3.4 billion joint venture to finance artificial intelligence data center capacity at the Lancium Clean Campus in Abilene, Texas, the companies said Tuesday.

Under the terms, Blue Owl's real estate platform and Primary Digital will jointly sponsor the 206 megawatts data center being designed, constructed, and operated by Crusoe, the companies added.

Crusoe will provide more than 200 megawatts of capacity next year, according to the companies.

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