Brookfield Provides $750M Credit Facility To AI Data Center Firm Crusoe

Artificial intelligence data center specialist Crusoe said it secured a $750M credit facility from Brookfield Asset Management's infrastructure debt platform that will go toward financing the build-out of Crusoe's AI factories. “We are excited to partner with Crusoe, a company at the forefront of powering the critical infrastructure needed for AI, including one of the world's largest AI data centers in Abilene, Texas,” said Eric Wittleder, deputy chief investment officer of Brookfield’s infrastructure high yield debt business. Crusoe's Abilene campus is being designed, built and operated by Crusoe. Its two-building, 200-megawatt first phase is being funded by a $4B joint venture with Blue Owl and Primary Digital. The second phase has secured nearly...