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Home›Crypto›Altcoins›CleanSpark completes $2.276 billion debt deal for Geor…

CleanSpark completes $2.276 billion debt deal for Georgia data center

The financing uses 7.875% notes and is tied to a 20-year lease for the Sandersville project.

The Defiant reports CleanSpark has closed a $2.276 billion debt deal tied to a data center project in Sandersville, Georgia.

The notes carry a 7.875% interest rate and will be used for construction, while proceeds also reimburse earlier equity contributions made to the project.

The financing is associated with a 20-year lease for the Georgia facility.

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