Digi Power X secures $200 million debt commitment for 40 MW Alabama AI data center
Digi Power X Inc. received a $200 million debt financing commitment, syndicated by Goldman Sachs, to fund its 40 MW AI data center in Columbiana, Alabama. The loan is structured at a project SPV level with an unsecured company guarantee and is expected to close within 90 days, subject to due‑diligence. Construction is on schedule, with Phase 1 slated for completion in December 2026 and Phase 2 in March 2027. The company said the proceeds will preserve liquidity, limit shareholder dilution and enable further customer contracts.
Why it matters
The financing provides the cash needed to finish the Alabama campus, reducing the need for equity raises and limiting dilution for shareholders (the company said). Completion of the data center will allow Digi Power X to start generating revenue from its GPU bare‑metal services.
Key facts
- 1The company secured a US$200 million debt financing commitment. stocktitan.net
- 2The financing is syndicated by Goldman Sachs. finanznachrichten.de
- 3The loan is structured at a project special‑purpose vehicle level with an unsecured company guarantee. stocktitan.net
- 4Closing is expected within 90 days, subject to definitive documentation and lender diligence. finanznachrichten.de
- 5The Alabama campus has a capacity of 40 MW. tradingview.com
- 6Phase 1 construction is on target for completion in December 2026. investing.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.