Soluna Holdings, Inc. secures a $100 million credit facility from Generate Capital to expand green data centers for intensive computing applications, including AI and Bitcoin mining.
The partnership aims to accelerate the deployment of clean computing infrastructure, utilizing underutilized renewable energy to power data centers.
This milestone marks a significant step forward for Soluna in scaling its operations and supporting sustainable infrastructure development.
Partnership with Generate Capital
Secured a scalable credit facility of up to $100 million to expand green data centers for AI and Bitcoin mining.
Strategic Growth Initiatives
Focused on capital efficiency, modular growth, and disciplined execution to support current and new projects.
Institutional Support
Generate Capital's investment expertise and strategic collaboration enhance Soluna's path to scalability in the digital infrastructure sector.
Renewable Computing Capacity
Surpassed 1 gigawatt of renewable computing capacity with recent project expansions and partnerships with key industry players.
- The financing agreement with Generate Capital strengthens Soluna's position in the green data center market, boosting its capacity for sustainable computing infrastructure.
- Soluna's vision of transforming underutilized renewable energy into high-performance computing power aligns with Generate Capital's commitment to infrastructure innovation.
- The partnership paves the way for Soluna to further expand its computing offerings, catering to the increasing demand for green computing solutions in various industries.
With the new credit facility and strategic partnership, Soluna is poised for significant growth in the green data center sector, driving innovation in sustainable computing infrastructure. The company's focus on leveraging clean energy sources and building scalable data centers underscores its commitment to environmental responsibility and technological advancement.