News
13 February 2025

Applied Digital closes SMBC loan for Ellendale HPC Campus

In:
Telecoms and Communications
Region:
Americas

Applied Digital Corporation (APLD) has closed a $375 million financing with SMBC for the development of the first two data centre buildings at the Ellendale HPC Campus.The company will use a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the...

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