Polaris Forge 1 AI Data Center Third Facility
Sector: Bridge • Location: Ellendale, North Dakota, United States
Source: Let's Data Science
Applied Digital secured a $300 million senior secured bridge loan led by Goldman Sachs to fund the continued development and construction of its third AI data center at the Polaris Forge 1 campus in Ellendale, North Dakota. The loan is a 364-day term facility bearing interest at SOFR plus 275 basis points, prepayable at any time without premium, and secured by the project's assets. The company exp
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Applied Digital secured a $300 million senior secured bridge loan led by Goldman Sachs to fund the continued development and construction of its third AI data center at the Polaris Forge 1 campus in Ellendale, North Dakota. The loan is a 364-day term facility bearing interest at SOFR plus 275 basis points, prepayable at any time without premium, and secured by the project's assets. The company expects to seek additional financing to complete construction. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |