Project UpdateJun 10, 2026, 08:46 AM
Black Hills 1.8GW Data Center Project Continues, Crusoe Out
AI Summary
Black Hills Corp. provided an update on its proposed 1.8-gigawatt data center project in Cheyenne, Wyoming. The company confirmed the project is still progressing as planned for service to begin in early 2028, despite Crusoe no longer being the development partner. Black Hills remains committed to the project, with the customer having provided over $200 million in refundable contributions for generation equipment and agreements in place for generation equipment and substation development.
Key Highlights
- 1.8-gigawatt data center project in Cheyenne, Wyoming continues to progress.
- Project is tracking for service to begin in early 2028.
- Crusoe is no longer the development partner for this project.
- Customer provided over $200 million in refundable contributions for generation equipment.
- Company's electric utility subsidiary entered an agreement to procure long lead-time generation equipment.
- Substation agreement executed and CPCN for a substation filed in January 2026.
Price Impact
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