CRG Acquisition, LLC

CRG Acquisition, LLC received city council approval on March 30 for a data center project in Festus, Missouri with a minimum investment of $6 billion. The project includes a buyout program for eleven homes on Glenkee Court located within 1,000 feet of planned data center buildings. On election day, Festus voters ousted all four incumbent council members running for re-election, citing lack of transparency. The new members-elect have called for greater public engagement. Project scope and power capacity details remain undisclosed. GCs and subs should monitor whether the new council revisits or modifies the approved deal.