Crusoe is set to invest around $10bn in data centers in Israel over the next ten to 15 years through leases.<\/p>\n
As reported by Globes<\/a>, the US-based neocloud has signed another 100MW in data center leases in Israel, which, combined with its existing capacity agreements in the country, will bring its total spend in Israel to around $10 billion over the next decade or more.<\/p>\n The leases include an expansion of the previously signed 40MW agreement with Anan Group, bringing it to 80MW; and a recently signed 67.6MW contract with MegaDC for capacity split between the Idan HaNegev Industrial Park (~58MW) and another site in Haifa (about 10MW).<\/p>\n In total, this brings Crusoe’s leasing activity in Israel to 150MW.<\/p>\n MegaDC’s owner Mega Or, disclosed the 67.6MW to the Tel Aviv Stock Exchange<\/a> on June 22. The filing does not name Crusoe as the customer, but notes that capacity at Idan HaNegev Industrial Park will be delivered in two phases, with the first in Q4 2027 and the second half in Q1 2028. According to Mega Or, the construction cost for capacity will be $12m per 1MW of IT capacity.<\/p>\n The 10MW Haifa agreement will be deployed in Q2 2027, with a construction cost estimated at $9m per 1MW.<\/p>\n Mega DC estimates that it will see revenue of $85 million per year from these two sites alone.<\/p>\n DCD has contacted Crusoe for comment.<\/p>\n Fellow US neocloud Nebius also has an extensive presence in Israel, with estimated leasing agreements totaling 120MW. The company has also signed agreements with Mega Or this year, with the company agreeing to lease 80MW<\/a> of capacity in January.<\/p>\n","protected":false},"excerpt":{"rendered":"Crusoe is set to invest around $10bn in data centers in Israel over the next ten to 15…\n","protected":false},"author":2,"featured_media":517604,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-517603","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/517603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=517603"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/517603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/517604"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=517603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=517603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=517603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}