IREN Limited secures $363 million financing for its AI compute business, supporting high-density data center assets. The financing was completed with Wingspire Equipment Finance.
Amount Raised
$363 Million
Round Type
Debt Financing
Investors
Description
IREN Limited has announced the closing of a $363 million equipment financing transaction aimed at enhancing its AI compute business. This agreement refinances recently acquired, revenue-generating AI compute infrastructure. The funding involves GPU-based servers and networking systems deployed in high-density data center environments. Wingspire Equipment Finance completed the transaction with a group of six lenders.
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