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CleanSpark Seeks $2.227 Billion Debt Deal for Meta-Backed AI Data Center Buildout

September 17, 2026 at 16:59 EDT

Infra & Chips
Sales & Business
Finance

CleanSpark plans to raise $2.227 billion through senior secured notes due 2031 to finance the remaining buildout of its Sandersville, Georgia, data center campus, a project now tied to Meta through a wholly owned tenant. The financing would help fund one of the clearer examples of Bitcoin-mining infrastructure being repurposed for long-term AI compute demand.

Sep. 17, 2026 · CleanSpark

$2.227B debt push for Meta-linked AI capacity

CleanSpark plans senior secured notes to complete its Sandersville data center buildout, anchored by a long-term Meta-backed lease for AI infrastructure.

$2.227B

proposed secured notes

175 MW

critical IT load

20 yrs

base lease term

3.0%

annual rent escalator

Debt versus contracted lease value

$2.227B

proposed notes

$6.6B

base contract value

The disclosed base lease value is roughly three times the proposed debt amount.

Borrow

CSDC Finance I, LLC offers senior secured notes due 2031.

Build

Proceeds fund remaining Sandersville construction and reserves.

Lease

Anviran, LLC leases 175 MW with Meta backing rent and operating expenses.

Supportive case

A 20-year lease, Meta guarantee, and 175 MW of contracted load give lenders a visible cash-flow story.

Watch points

Construction timing, cost overruns, utility constraints, and market conditions still shape whether the financing closes as planned.

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