Vineland fuel-cell project financing structure
Company: Nebius
The claim, verbatim
The fuel-cell project investment for Nebius is $1.7 billion. Industrial Development Funding is lead developer, Oaktree supplies infrastructure capital, Morgan Stanley is sole tax-equity investor, and MUFG Bank led the senior debt.
Source (primary)
Bloom Energy says first power block is ready at Nebius’s 300 MW New Jersey data center - Yahoo Finance (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “Bloom says the project investment for Nebius stands at $1.7 billion. Industrial Development Funding is lead developer and Oaktree Capital Management is supplying infrastructure capital.”
How we checked this
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Additional evidence
confirms Bloom Energy says first power block is ready at Nebius’s 300 MW New Jersey data center - Yahoo Finance
Quote: “Bloom says the project investment for Nebius stands at $1.7 billion. Industrial Development Funding is lead developer and Oaktree Capital Management is supplying infrastructure capital.”