Jurisdiction: US — Texas (ERCOT)
Eight-building, 1.2 GW AI data center campus in Abilene, Texas: built by Crusoe, funded by a $15bn joint venture with Blue Owl Capital and Primary Digital Infrastructure, anchored by a 15-year Oracle lease serving OpenAI (Stargate). Phase 1 (two buildings, 200+ MW) construction began June 2024; phase 2 (six buildings to 1.2 GW) began March 2025 with energization expected mid-2026.
Methodology prs-v0.1 · computed · trigger: manual
Each factor below contributed to the current score. Contributions are rubric weights from methodology prs-v0.1; every factor cites the record it is derived from.
|
Dimension
|
Factor
|
Contribution
|
Cites
|
Narrative
|
|---|---|---|---|---|
| Capital | baseline | 40 | Stargate Abilene (Crusoe campus) | Capital base before committed-capital evidence (announcement-only anchor region, §B.2.4). |
| Capital | capital commitment | +33.94 | Blue Owl Capital (investor) | investor role committed $15,000,000,000 (coverage 147% of $15,000,000,000 capex). |
| Capital | capital commitment | +16.06 | JPMorgan Chase (lender) | lender role committed $7,100,000,000 (coverage 147% of $15,000,000,000 capex). |
| Capital | commercial milestone | +10 | Oracle 15-year lease for the Abilene campus | Commercial milestone "Oracle 15-year lease for the Abilene campus" achieved on 2025-05-22. |
| Capital | staleness decay | -25 | Stargate Abilene (Crusoe campus) | Newest capital evidence is 2025-05-22 (freshness window 12 months) — score drifts one rubric level toward the stage-default prior of 50 (§B.4: silence is information). |
| Infrastructure | baseline | 70 | Stargate Abilene (Crusoe campus) | No-adverse-evidence infrastructure baseline (disclosed config, scoring.prs.baselines). |
| Infrastructure | interconnection progress | +15 | Phase 1 energized — first NVIDIA GB200 racks delivered by Oracle | Power/interconnection milestone "Phase 1 energized — first NVIDIA GB200 racks delivered by Oracle" achieved on 2025-06-30 — largest single health event (§B.2.3). |
| Infrastructure | staleness decay | -25 | Stargate Abilene (Crusoe campus) | Newest infrastructure evidence is 2025-06-30 (freshness window 9 months) — score drifts one rubric level toward the stage-default prior of 50 (§B.4: silence is information). |
| Regulatory | baseline | 70 | Stargate Abilene (Crusoe campus) | No-adverse-evidence regulatory baseline (disclosed config, scoring.prs.baselines). |
| Regulatory | staleness decay | -20 | Stargate Abilene (Crusoe campus) | Newest regulatory evidence is 2024-06-30 (freshness window 9 months) — score drifts one rubric level toward the stage-default prior of 50 (§B.4: silence is information). |
| Schedule | baseline | 80 | Stargate Abilene (Crusoe campus) | No-adverse-evidence schedule baseline (disclosed config, scoring.prs.baselines). |
| Schedule | milestone achieved | +5 | Oracle 15-year lease for the Abilene campus | Milestone "Oracle 15-year lease for the Abilene campus" achieved on/ahead of its first announced date (2025-05-22). |
| Schedule | milestone achieved | +5 | Phase 1 energized — first NVIDIA GB200 racks delivered by Oracle | Milestone "Phase 1 energized — first NVIDIA GB200 racks delivered by Oracle" achieved on/ahead of its first announced date (2025-06-30). |
| Schedule | milestone achieved | +5 | Phase 1 construction start (two buildings, 200+ MW) | Milestone "Phase 1 construction start (two buildings, 200+ MW)" achieved on/ahead of its first announced date (2024-06-30). |
Groundbreaking · Actual:
Commercial lease · Actual:
Energization · Actual:
Commissioning · Expected:
Energization · Expected:
No active constraint observations recorded against this project.
|
Entity
|
Role
|
Ownership
|
Committed capital
|
|---|---|---|---|
| OpenAI | — | — | |
| Oracle | — | — | |
| Crusoe | — | — | |
| Crusoe | — | — | |
| Blue Owl Capital | — | $15.0B | |
| Primary Digital Infrastructure | — | — | |
| JPMorgan Chase | — | $7.1B | |
| Nvidia | — | — | |
| GE Vernova | — | — |
Every substantive field on this record is backed by a canonical claim from a cited source document, graded on the E1 (strongest) – E5 (weakest) evidence ladder.
Crusoe · May 22, 2025 · backs: capex usd, expected date
https://www.crusoe.ai/resources/newsroom/crusoe-blue-owl-capital-and-primary-digital-infrastructure-enter-joint-venture
Data Center Dynamics · May 22, 2025 · backs: actual date, capacity mw, status
https://www.datacenterdynamics.com/en/news/crusoe-secures-116bn-in-debt-and-equity-for-openais-stargate-data-center-campus-in-abilene-texas/
DCD · backs: expected date
https://www.datacenterdynamics.com/en/news/crusoe-tops-out-final-building-at-openai-stargate-data-center-campus-in-abilene-texas/
Recent ingested source documents linked to this project via extracted claims or triage mentions, newest first.
· thenextweb.com · relevance 0.70
· GE Vernova · relevance 0.70
· The Register · relevance 0.90
· Crusoe · relevance 0.90
· Data Center Dynamics · relevance 0.95
· Crusoe · relevance 0.70
· Newmark · relevance 0.70
· DCD · relevance 0.70
Epoch AI · relevance 0.70
Epoch AI · relevance 0.70