Crusoe, an AI infrastructure provider, announced it has 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 its AI cloud platform.
Chase Lochmiller, CEO and co-founder of Crusoe, stated that this capital will accelerate the buildout of new AI factories and validates Crusoe’s ability to rapidly develop and deliver critical infrastructure for large AI projects. Eric Wittleder, Deputy CIO of Brookfield’s Infrastructure Debt business, highlighted Crusoe’s ability to provide backbone infrastructure solutions at scale.
This new financing follows Crusoe’s recent momentum, including a $600 million Series D funding round in December 2024 and a $225 million credit facility in early 2025. It also complements a $15 billion joint-venture with Blue Owl and Primary Digital Interactive to fund a 1.2 gigawatt AI data center in Abilene, Texas.
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