Anticipated project debt financing for Justified Data Campus
Company: TeraWulf
The claim, verbatim
TeraWulf said Google's backstop of certain Anthropic lease obligations supports anticipated debt financing tied to about $19 billion in contracted lease commitments, and the CFO said the backing strengthens the project's financing profile and its ability to pursue competitive long-term debt. The debt has not yet been completed.
Source (primary)
TeraWulf Lines Up Google Backstop for Anthropic’s Kentucky AI Campus - Unite.AI (-, news_article)
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Quote: “supporting anticipated debt financing tied to approximately $19 billion in contracted lease commitments”
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Additional evidence
confirms TeraWulf Lines Up Google Backstop for Anthropic’s Kentucky AI Campus - Unite.AI
Quote: “supporting anticipated debt financing tied to approximately $19 billion in contracted lease commitments”