Macquarie preferred equity facility remaining capacity
Company: Applied Digital
The claim, verbatim
Company has drawn $900 million to date under the Macquarie preferred equity arrangement, with up to $4.1 billion remaining, subject to mutual agreement, while retaining over 85% common equity ownership of each site.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “providing up to $4.1 billion of remaining preferred equity capital for these projects. To date, the Company has drawn $900 million in funds under this preferred equity arrangement.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “providing up to $4.1 billion of remaining preferred equity capital for these projects. To date, the Company has drawn $900 million in funds under this preferred equity arrangement.”