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Long-term project debt targeting for gigawatt-scale development

Company: Riot

Subject kind
financing
Statement date
2026-08-13
Promised amount
1700000000.0 USD
Current status
stated

The claim, verbatim

Riot targets long-term project debt at 80% to 90% loan-to-cost ratio, providing $1.7 billion to $2.1 billion in long-term takeout funding

Source (primary)

Riot Platforms Re-Wires the Ledger for a $9B AI Power Play - MarketBeat (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Long-term project debt is targeted at 80% to 90% loan-to-cost, providing $1.7 billion to $2.1 billion in long-term takeout funding.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states long-term project debt is targeted at 80-90% loan-to-cost, providing $1.7 billion to $2.1 billion in takeout funding.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.marketbeat.com/articles/riot-platforms-re-wires-the-ledger-for-a-9b-ai-power-play/) in full (19,418 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms Re-Wires the Ledger for a $9B AI Power Play - MarketBeat

Quote: “Long-term project debt is targeted at 80% to 90% loan-to-cost, providing $1.7 billion to $2.1 billion in long-term takeout funding.”

View cached copy (2026-08-31)Live source ↗