Nebius-AIB 12-year data center agreement with prepayments
Company: Nebius
The claim, verbatim
The Nebius agreement with AIB has an initial 12-year term with optional renewals, and Nebius customer prepayments are expected to help fund initial development of the 50 MW project.
Source (primary)
AIB Data Centers Signs Contract with Nebius for AI Data Center Capacity - GlobeNewswire (-, news_article)
View cached copy (2026-10-04)Live source ↗Archive.org ↗
Quote: “AIB expects the customer prepayments under the initial 12-year term, together with project-level debt and preferred equity, to fund a substantial portion of the initial development costs for the 50 MW project”
How we checked this
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Additional evidence
confirms AIB Data Centers Signs Contract with Nebius for AI Data Center Capacity - GlobeNewswire
Quote: “AIB expects the customer prepayments under the initial 12-year term, together with project-level debt and preferred equity, to fund a substantial portion of the initial development costs for the 50 MW project”