Project debt and cash funding scenario
Company: Riot
The claim, verbatim
Riot outlined a financing scenario in which project debt covers 80% to 90% of project cost, with about $500 million to $1.1 billion funded from its own cash.
Source (primary)
Riot Platforms Signs $28 Billion Data Center Lease Deal With Anthropic - bloomingbit (-, news_article)
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Quote: “Riot outlined a financing scenario in which 80% to 90% of the project cost would be covered by project debt, with about $500 million to $1.1 billion funded from its own cash.”
How we checked this
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Additional evidence
confirms Riot Platforms Signs $28 Billion Data Center Lease Deal With Anthropic - bloomingbit
Quote: “Riot outlined a financing scenario in which 80% to 90% of the project cost would be covered by project debt, with about $500 million to $1.1 billion funded from its own cash.”