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CoreWeave expansion drives $850 million data centre financing in Chicago suburb
The proposed financing would support a new facility leased to CoreWeave, adding to a series of debt-backed investments linked to the AI infrastructure provider's expansion strategy.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
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A property development entity in Elk Grove Village, Illinois, is seeking to raise US$850 million through a high-yield bond offering to finance the construction of a new data centre that will be leased to CoreWeave (NASDAQ: CRWV).
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João Marques Lima
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