Crusoe Boosts Energy Storage with Form & Redwood Deals
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Show Notes
Crusoe, a leading data center developer, is bolstering its energy storage capabilities with significant battery deals. Theyre acquiring a substantial batch of iron-air batteries from Form Energy, starting in 2027, and expanding their partnership with Redwood Materials for recycled EV batteries. Form Energy, in the midst of a $500 million funding round, is set to earn hundreds of millions from this deal. These batteries, which generate power through a rusting process, will enable Crusoe to power its data centers more reliably and sustainably, aligning with the industrys push for greener energy solutions.
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