$7.5B non-recourse IG project financing for River Bend and Beacon Point
Company: Hut 8
The claim, verbatim
Hut 8 has existing $7.5 billion of fully amortizing, non-recourse investment-grade project financing used to fund development and construction at its River Bend and Beacon Point AI data center campuses.
Source (primary)
Hut 8 Trending as It Adds $1 Billion in Non-Dilutive Bank Liquidity - TradingView (-, news_article)
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Quote: “its existing $7.5 billion of fully amortizing, non-recourse investment-grade project financing used to fund development and construction at its River Bend and Beacon Point AI data center campuses”
How we checked this
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Additional evidence
confirms Hut 8 Trending as It Adds $1 Billion in Non-Dilutive Bank Liquidity - TradingView
Quote: “its existing $7.5 billion of fully amortizing, non-recourse investment-grade project financing used to fund development and construction at its River Bend and Beacon Point AI data center campuses”