Digi Power X secures commitment for US$200 million debt financing for Alabama AI data center project
DGXX•Digi Power X received a commitment letter for US$200 million in debt financing for its 40 MW AI data center in Columbiana, Alabama. The financing is expected to close within 90 days, subject to documentation and lender due diligence.
1. Financing commitment
Goldman Sachs is syndicating the financing, which is structured at a project SPV level and backed by an unsecured corporate guarantee through completion and other limited matters. Proceeds are earmarked to complete the project, cover related costs, preserve liquidity, reduce dilution and support additional customer contracts.
2. Construction schedule
The construction timeline is unchanged, with Phase 1 targeted for December 2026 and Phase 2 for March 2027.
