WhiteFiber, Inc. secured a definitive credit agreement with the Royal Bank of Canada in June 2025. This agreement provides up to approximately $43.80 million in non-recourse financing specifically for its data centers business. The facility enhances WhiteFiber's financial resources for its capital-intensive expansion projects.
As of the reporting date, no amounts had been drawn from this credit facility, indicating that the company maintains strong liquidity. This financing flexibility is crucial for WhiteFiber as it continues to invest in new data center projects like MTL-2, MTL-3, and NC-1. The credit facility supports the company's ability to manage its growth without immediate reliance on equity markets.
The availability of this non-recourse financing strengthens WhiteFiber's balance sheet and its capacity to fund future operational and infrastructure developments. It provides a stable source of capital to support the deployment of high-performance computing data centers. This move is significant for WhiteFiber's long-term financial health and expansion strategy.
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