$2.4B compute equipment financing for Mackenzie
Company: IREN - Project: Mackenzie
The claim, verbatim
IREN will use $2.4 billion in compute equipment financing ($1.2 billion senior secured term loan and $1.2 billion senior secured notes) from Blue Owl Capital to fund NVIDIA Accelerated Computing Infrastructure, including Blackwell Ultra GPUs, for its Mackenzie data center campus in British Columbia.
Source (primary)
NVIDIA GPUs get $2.4B financing as IREN builds an AI campus - Stock Titan (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “This financing supports the continued build-out of our AI Cloud infrastructure at Mackenzie, expanding our capacity to serve a growing customer base across both AI training and inference workloads.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The press release states every element of the claim: the $2.4 billion total, the even split between term loan and notes, Blue Owl-managed funds as lead, and use of proceeds for NVIDIA Blackwell Ultra GPUs at Mackenzie in British Columbia.
Confirmed in the source:
- The financing totals $2.4 billion and is described as a compute equipment financing
- It consists of a $1.2 billion senior secured term loan and $1.2 billion of senior secured notes
- Funds managed by Blue Owl Capital led the financing
- Proceeds will fund IREN's purchase of NVIDIA Accelerated Computing Infrastructure, including NVIDIA Blackwell Ultra GPUs
- The equipment is for IREN's Mackenzie data center campus in British Columbia, Canada
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/news/IREN/blue-owl-managed-funds-lead-2-4-billion-ai-factory-financing-for-n5sfwyw6ua9x.html) in full (17,836 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms NVIDIA GPUs get $2.4B financing as IREN builds an AI campus - Stock Titan
Quote: “This financing supports the continued build-out of our AI Cloud infrastructure at Mackenzie, expanding our capacity to serve a growing customer base across both AI training and inference workloads.”