On July 21, 2026, Crusoe, the artificial intelligence (AI) factory company, and ON.energy, a company dedicated to building energy and AI infrastructure, announced a partnership to deploy 5 gigawatts of AI UPS™ technology across multiple hyperscale campuses. Commissioning will commence in 2026 and extend into 2027. Wilson Sonsini Goodrich & Rosati advised ON.energy on the transaction.

ON.energy’s AI UPS™ is a patented, medium-voltage uninterruptible power system that sits inline between power sources and AI data centers. The AI UPS™ stores enough energy to power an entire campus for extended durations, significantly reducing variability on the grid during peak hours.

The Wilson Sonsini team that advised ON.energy on the transaction includes Jason Slagle, Jessica Remlinger, and Malia Libby.

For more information, please see Crusoe and ON.energy’s press release.