Microsoft Lease of 700-Megawatt Data Center Project in Abilene
One of 10,000+ projects Taiyo tracks in Texas.
Source: Bitget
Microsoft has agreed to lease a 700-megawatt data center project in Abilene, Texas, adjacent to Oracle's and OpenAI's Stargate campus. The site was originally planned for Oracle and OpenAI, but they walked away from the project due to structural issues including financing challenges and demand volatility. The lease deal was made with developer Crusoe. The project faces delays in power availability
- Status
- Closed
- Sector
- Power Generation (CCGT), Data Center
- Location
- Abilene, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Bitget
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Project Information
Participants
| Not available for this record. |
Status
Original status | leased |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Microsoft has agreed to lease a 700-megawatt data center project in Abilene, Texas, adjacent to Oracle's and OpenAI's Stargate campus. The site was originally planned for Oracle and OpenAI, but they walked away from the project due to structural issues including financing challenges and demand volatility. The lease deal was made with developer Crusoe. The project faces delays in power availability and technical risks, with power not expected to be ready for a year. The lease terms likely reflect a discount due to the troubled history of the project. |
Original sector | Data Center |
Location
Country | United States of America (USA) |
State | Texas |
City | Abilene |
Source
Source | Bitget |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Data Center |
Article published date | 2026-03-26 |
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