jain.com

Tenant-funded fallback for Corsicana

Company: Riot

Subject kind
financing
Statement date
2026-11-04
Promised amount
12.0 percent
Current status
stated

The claim, verbatim

If project debt is unavailable on comparable terms, the tenant will fund reimbursements and recover them as credits against rent at an implied 12% rate.

Source (primary)

Riot Platforms Stock Jumps 14% on $28 Billion AI Lease at Texas Site - BigGo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗

Quote: “if project debt is unavailable on comparable terms, the tenant will fund reimbursements and recover them as credits against rent at an implied 12% rate”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot Platforms Stock Jumps 14% on $28 Billion AI Lease at Texas Site - BigGo Finance

Quote: “if project debt is unavailable on comparable terms, the tenant will fund reimbursements and recover them as credits against rent at an implied 12% rate”

View cached copy (2026-11-05)Live source ↗