Acquired the assets for $3.5bn

Could lead to cost rises of more than 400 percent for ratepayers

Even if they use less

Deployment would commence in 2027

The turbines would power the facility via a private wire

Comes as power needs of US data centers continue to rocket

Trump signs an executive order limiting tax credits for renewable projects

The 1.151GW Coal Creek plant could power a 300MW data center

First pilot project expected to reach commercial operations in 2027

Will support the country's Clean Power 2030 agenda

Focusing on Nordics instead

Campus set to deploy gas, nuclear, solar, batteries, and utility grid power

Portfolio is owned and operated by subsidiary Far North Power

Could see energy costs increase by 10 to 14 percent

LayerZero provides mission-critical power products for data centers

Will support development of Emerald Conductor platform

Currently evaluating sites in states with established geothermal resources

Provides a visualization of the US data center market

Projected to deliver first power in the early 2030s

Initially slated for operations in 2028

Will pioneer Crusoe's Spark modular AI data center solution

A thirtyfold increase on current levels

Commercialization expected in early 2026

Governor Hochul cited a need to achieve "energy independence" when announcing the plans