Crusoe, a vertically integrated AI infrastructure provider, secured a $750 million credit facility from Brookfield Asset Management through its infrastructure debt platform. This financing will primarily be deployed to fuel the continued growth and scaling of Crusoe’s development of AI factories, including purpose-built AI data centers and Crusoe’s AI cloud platform.
“The demand for AI infrastructure is growing exponentially, and this new credit facility from Brookfield provides us with the capital needed to accelerate the buildout of new AI factories,” Chase Lochmiller, CEO and co-founder of Crusoe, said. “Brookfield’s commitment validates Crusoe’s demonstrated ability to rapidly develop and deliver critical infrastructure to the largest AI projects in the world. This funding will enable us to expand our footprint, and continue to provide our customers and partners with the best-in-class solutions they need to innovate and scale.”
“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,” Eric Wittleder, deputy CIO of Brookfield’s infrastructure debt business, said. “Crusoe’s ability to provide backbone infrastructure solutions at scale aligns perfectly with our investment philosophy, and we look forward to supporting their continued expansion and impact in the rapidly evolving AI landscape.”
This new financing follows Crusoe’s recent momentum, including its $600 million Series D funding round in December 2024, a $225 million credit facility from Upper90 announced in early 2025 to support the growth of its AI cloud infrastructure, and a $15 billion joint-venture with Blue Owl and Primary Digital Interactive to fund a 1.2 gigawatt AI data center in Abilene, Texas.
Eastdil Secured represented Crusoe as its exclusive financial advisor on the transaction.
