Long-term project debt targeting for gigawatt-scale development
Company: Riot
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)
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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
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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.”