BSAI
BluSky AI, Inc.
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- YTD
- +66.67%
- 1 year
- +121.67%
- Open
- 9.00
- Prev close
- 8.53
- Mkt cap
- 226.56M
- Vol
- 100
- Avg vol
- 3.26K
- EPS
- -0.20
- P/E
- 0.00
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- 9.00
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- 9.00
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The developments
The effort to build what's being billed as the "world's most powerful data center campus" took another step forward in early August when Creekstone Energy LLC signed an agreement with Murray-based BluSky AI to provide the company 25 acres of land and up to 50 megawatts of energy for modular data centers on the campus.
A release from Creekstone Energy said that over the coming decade, the company plans to manage 10 gigawatts of capacity at the site from three primary sources, drawing 1.8 gigawatts from the Intermountain Power Project, 6 gigawatts from solar and 2 gigawatts from natural gas while also considering geothermal, wind and nuclear as potential future additions.
Additionally, Creekstone said the 50 megawatt agreement with BluSky AI only represents half the capacity of one planned data hall out of 26 at the campus' full build-out.
Creekstone Energy is a branch of the larger Creekstone Capital investment firm, with Buford Ray Conley serving as the head of both entities as founder and CEO. Conley also co-founded Fibernet MercuryDelta alongside Lane Livingston.
"This isn't just a land deal; it's a sign that Utah is ready to lead," Conley said in a statement. "BluSky's technology fits perfectly with our vision: fast, flexible, and energy-smart. We're building something big here, and it starts now."
Following Creekstone Energy and BluSky AI's announcements, the Millard County Commission last week approved (https://www.youtube.com/watch?v=xLR0M92qoNs) another data center land rezoning request, converting an approximately 4,000-acre land parcel currently belonging to Triple C Farms — located at 11000 N. McCornick Road — from agricultural use to heavy industrial use.
While this zoning approval — which is not related to the Creekstone campus — was approved, a conditional use permit will also be required for Joule Capital Partners to commence construction.
Mark McDougal, a partner of Joule Capital Partners and part owner of Triple C Farms, said the project will begin construction and house tenants as early as 2026.
"This project is actually on the farm that my family and I have been farming for the last two decades. Our hope is that we can … integrate with the local populations. We want to be neighbors," McDougal said during the commission's Aug. 5 meeting.
Joule Capital Partners' website (https://joulecapitalpartners.com/) says that it will "soon be unveiling the High Performance Compute Data Center Campus of the future in Utah," but it wasn't specified which facility this refers to.
The website also says that it "is laying the foundation to bring multiple gigawatts of capacity to Utah, with critical elements" such as access to six major long-haul fiber routes and water cooling capabilities.
As for Conley and Creekstone, the company believes the Delta site offers a "rare combination" of energy resources needed to power a multiple-gigawatt-scale campus along with world-class fiber connectivity.
"We're building a future where intelligence is manufactured with unprecedented speed and scale — by uniting a power plant and a supercomputer into one," Conley said in a statement. "This is the base layer of AI — the foundational infrastructure that will determine who wins the AI race. This isn't just business — it's national security."