Crusoe’s latest battery deals are not really about batteries. They are about what happens when AI collides with the grid — and why the next winners in climate tech may be the companies that can deliver firm, flexible power faster than anyone expected.
On March 24 and March 25, Crusoe made two moves that read like more than routine dealmaking. In Nevada, it expanded its Redwood Materials project from four to 24 modular data centers after a 12 MW / 63 MWh second-life battery microgrid delivered 99.2% operational availability over seven months. Separately, it signed an agreement with Form Energy for 120 MW and 12 GWh of multi-day iron-air batteries beginning in 2027.
