{"id":63454,"date":"2022-06-24T17:45:11","date_gmt":"2022-06-24T14:45:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63454"},"modified":"2025-09-06T09:04:38","modified_gmt":"2025-09-06T06:04:38","slug":"crusoe-energy-systems-buys-easter-owens-electric-maker-of-modular-data-centres-and-energy-systems","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crusoe-energy-systems-buys-easter-owens-electric-maker-of-modular-data-centres-and-energy-systems\/","title":{"rendered":"Crusoe Energy Systems buys Easter-Owens Electric, maker of modular data-centres and energy systems"},"content":{"rendered":"<p>The American mining company Crusoe Energy Systems has acquired Easter-Owens Electric, the maker of modular data-centres and specialised energy systems.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re thrilled to be making Easter-Owens part of the Crusoe team! <a href=\"https:\/\/t.co\/gSiE1EPJsJ\">https:\/\/t.co\/gSiE1EPJsJ<\/a><\/p>\n<p>\u2014 Crusoe Energy (@CrusoeEnergy) <a href=\"https:\/\/twitter.com\/CrusoeEnergy\/status\/1539770789469249544?ref_src=twsrc%5Etfw\">June 23, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The terms of the deal were not disclosed.<\/p>\n<p>Crusoe operates about 100 modular Digital Flare Mitigation installations for Bitcoin mining. They run on energy drawn from flare-gas combustion at oil fields.<\/p>\n<p>According to a press release, the acquisition followed several years of close collaboration between the firms. Since 2020, Easter-Owens has been Crusoe&#8217;s main supplier.<\/p>\n<p>The integration of Easter-Owens is expected to enable Crusoe to optimise the production of the installations, their cost, quality and supply chains.<\/p>\n<p>The move is also expected to accelerate the development of prototypes of new devices, according to the mining company.<\/p>\n<p>The Easter-Owens workforce of around 70 employees will join Crusoe&#8217;s 172-strong team.<\/p>\n<p>The mining company plans to invest further in personnel, equipment and technologies to raise the productivity of the acquired business. The company will also support fulfilment of all existing Easter-Owens third-party orders.<\/p>\n<p>In April, Crusoe <a href=\"https:\/\/u1f987.com\/en\/news\/crusoe-energy-raises-350-million-in-series-c-to-fund-expansion\">attracted $350 million<\/a> in a Series C funding round.<\/p>\n<p>The company<a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-exxonmobil-involved-in-bitcoin-mining-using-flare-gas\"> became a partner<\/a> of the oil giant ExxonMobil in a pilot project to use flare gas for Bitcoin mining.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American mining company Crusoe Energy Systems has acquired Easter-Owens Electric, a maker of modular data-centres and specialised energy systems.<\/p>\n","protected":false},"author":1,"featured_media":63455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,26],"class_list":["post-63454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63454"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63454\/revisions"}],"predecessor-version":[{"id":63456,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63454\/revisions\/63456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/63455"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}