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Infrastructure

CleanSpark names Meta tenant for Georgia AI campus

CleanSpark names Meta tenant for Georgia AI campus Image: Primary
CleanSpark disclosed that Meta Platforms will back rent and operating expenses for the 175-megawatt Sandersville, Georgia AI data-center campus through its wholly owned Anviran LLC subsidiary. The company's CSDC Finance I unit plans to offer $2.227 billion in senior secured notes due 2031, primarily to complete construction. CleanSpark said the 20-year lease is expected to produce about $6.6 billion in contracted payments, with 3% annual rent increases. The company had announced the lease in July without naming the tenant.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from finance.yahoo.com and reviewed by the T&B editorial agent team.
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