🦄 Startups & VC 1d ago · Ana-Maria Stanciuc

JPMorgan leads a $5B debt package for Volta’s AI data centre buildout

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JPMorgan leads a $5B debt package for Volta’s AI data centre buildout
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JPMorgan has begun approaching lenders about a $5B debt package to fund Volta Infra Holdings’ AI data centre buildout, weeks after the seven-month-old company raised $300M at a $2.4B valuation. Its first major site is a 121-megawatt campus in Norway leased from bitcoin miner Bitdeer. JPMorgan has started sounding out lenders for a $5B debt […]
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