Customer advances and other instruments to fund buildout
Company: Nebius
The claim, verbatim
CEO Arkady Volozh said Nebius is using customer advances and several other instruments to finance its buildout, as asset-backed financing and debt markets have temporarily dried up.
Source (primary)
Even Nebius’s CEO Says It’s Getting Harder For Neoclouds To Borrow - Stocktwits (-, news_article)
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Quote: “But we're working now with customer advances and several other instruments, which will probably provide us enough finance to build this gigawatt at least.”
How we checked this
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Additional evidence
confirms Even Nebius’s CEO Says It’s Getting Harder For Neoclouds To Borrow - Stocktwits
Quote: “But we're working now with customer advances and several other instruments, which will probably provide us enough finance to build this gigawatt at least.”