Black Hills Corp. continues 1.8-gigawatt data center project in Cheyenne

Black Hills Corp. (NYSE: BKH) said its proposed 1.8-gigawatt data center project in Cheyenne, Wyoming remains on track despite a change in development partners, according to a company statement.

The utility company said Crusoe is no longer the development partner for the project, but development continues as planned with service expected to begin in early 2028. The company is working directly with the potential large-load customer.

"We remain committed to supporting the project's data center customer and delivering the infrastructure necessary to meet their long-term energy needs," said Linn Evans, president and CEO of Black Hills Corp.

In April 2026, the company's Wyoming electric utility subsidiary entered an agreement to procure long lead-time generation equipment with the prospective customer. The customer has provided over $200 million in refundable contributions to support milestone payments for securing generation equipment.

The project is expected to be served under the Wyoming utility's Large Power Contract Service Tariff. Black Hills Corp. executed a substation agreement with the customer and filed a Certificate of Public Convenience and Necessity for a substation in January 2026.

Black Hills Corp., based in Rapid City, South Dakota, serves 1.37 million natural gas and electric utility customers across eight states including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

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