The remaining $250 million is contingent upon the achievement of key project milestones, at which point the facility becomes fully secured at the project level.
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Authors
James Van Straten
Related projects
Bitfarms
Macquarie Group
Sources
Bitfarms Secures Up to $300M from Macquarie to Launch Panther Creek HPC Project
Referenced by
The Macquarie debt facility transitions from a parent-level loan to a project-level structure upon achieving development milestones, securing the full funding against the Panther Creek site
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