Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.

Oracle executive chairman and CTO Larry Ellison at the White House to announce Project Stargate with President Donald Trump.

Elizabeth Frantz/REUTERS

• The Abilene City Council approved a tax abatement for Crusoe's data center campus in Texas.
• Business Insider obtained a copy of the agreement via a public records request.
• Crusoe, the data center developer, could get an 85% property tax break.

The developer of the first Stargate data center in Abilene, Texas...