Beacon Point $4.25B senior secured notes due 2042
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 financed construction of Beacon Point Phase 1 with $4.25 billion of 6.129% senior secured notes due in 2042, secured by project assets and non-recourse to the parent company
Source (primary)
Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag (-, news_article)
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Quote: “Hut 8 has financed construction of Beacon Point's first phase with $4.25 billion of 6.129% senior secured notes due in 2042. The debt is secured by project assets and is non-recourse to the parent company”
How we checked this
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Additional evidence
confirms Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag
Quote: “Hut 8 has financed construction of Beacon Point's first phase with $4.25 billion of 6.129% senior secured notes due in 2042. The debt is secured by project assets and is non-recourse to the parent company”