Financing difficulties for Meta data center project
Company: CleanSpark
The claim, verbatim
CleanSpark has recently struggled to secure financing for the data center it is building for Meta, amid tightening credit for low-rated borrowers.
Source (primary)
CleanSpark Faces Financing Challenges Amid Rising Bond Market Pr - GuruFocus (-, news_article)
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Quote: “the bond market is tightening credit for low-rated borrowers, exemplified by CleanSpark's recent financing struggles while building a data center for Meta”
How we checked this
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Additional evidence
confirms CleanSpark Faces Financing Challenges Amid Rising Bond Market Pr - GuruFocus
Quote: “the bond market is tightening credit for low-rated borrowers, exemplified by CleanSpark's recent financing struggles while building a data center for Meta”