Revolver to fund AI projects through development; long-term financing expected non-recourse
Company: Hut 8
The claim, verbatim
Hut 8 said the facility will fund projects through development, including interim working capital, and management expects longer-term project financing to be non-recourse once projects reach a more advanced stage.
Source (primary)
How Is Hut 8 (TSX:HUT) Funding Its AI Data Centre Build-Out? - Kalkine Media (-, news_article)
View cached copy (2026-10-17)Live source ↗
Quote: “It can fund projects through development, including interim working capital, while the company decides on the timing and structure of longer-term financing. Management expects that longer-term financing to be non-recourse once projects reach a more advanced stage.”
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Additional evidence
confirms How Is Hut 8 (TSX:HUT) Funding Its AI Data Centre Build-Out? - Kalkine Media
Quote: “It can fund projects through development, including interim working capital, while the company decides on the timing and structure of longer-term financing. Management expects that longer-term financing to be non-recourse once projects reach a more advanced stage.”