$7.5B non-recourse project financing for River Bend and Beacon Point
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 has $7.5 billion in fully amortizing, non-recourse project financing supporting development and construction of its River Bend and Beacon Point AI data center campuses in Texas.
Source (primary)
Hut 8 Secures $1B Revolving Credit Facility to Support AI Infrastructure Growth - TheEnergyMag (-, news_article)
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Quote: “$7.5 billion in fully amortizing, non-recourse project financing used to support the development and construction of its River Bend and Beacon Point AI data center campuses in Texas”
How we checked this
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Additional evidence
confirms Hut 8 Secures $1B Revolving Credit Facility to Support AI Infrastructure Growth - TheEnergyMag
Quote: “$7.5 billion in fully amortizing, non-recourse project financing used to support the development and construction of its River Bend and Beacon Point AI data center campuses in Texas”