Updated
Updated · Bloomberg · Apr 24
Hut 8 subsidiary plans $3 billion bond sale for Google-linked data center
Updated
Updated · Bloomberg · Apr 24

Hut 8 subsidiary plans $3 billion bond sale for Google-linked data center

15 articles · Updated · Bloomberg · Apr 24
  • The subsidiary aims to finance a 245-megawatt facility in St. Francisville, Louisiana, with support from Goldman Sachs, JPMorgan, and Morgan Stanley.
  • Investor calls are being arranged, and the bond deal could launch within days as part of the AI-driven data center expansion.
  • This move reflects growing demand for AI infrastructure, with major tech and finance firms collaborating to meet surging computational needs.
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Will a $10 billion data center bring prosperity to rural Louisiana or just drain its water and power?
With GPUs obsolete in seven years, how can a 15-year data center bond be a secure investment?
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