$7.5B project financing for River Bend and Beacon Point AI campuses
Company: Hut 8
The claim, verbatim
Hut 8 is using $7.5 billion of fully amortizing, nonrecourse investment-grade project financing to fund development and construction at its River Bend and Beacon Point AI data center campuses.
Source (primary)
Hut 8 expands corporate liquidity with $1b senior-secured revolving credit facility - Institutional Real Estate, Inc. (-, news_article)
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Quote: “$7.5 billion of fully amortizing, nonrecourse investment-grade project financing Hut 8 is using to fund development and construction at its River Bend and Beacon Point AI data center campuses”
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Additional evidence
confirms Hut 8 expands corporate liquidity with $1b senior-secured revolving credit facility - Institutional Real Estate, Inc.
Quote: “$7.5 billion of fully amortizing, nonrecourse investment-grade project financing Hut 8 is using to fund development and construction at its River Bend and Beacon Point AI data center campuses”