【Galaxy Completes $1.4 Billion Financing to Accelerate Helios AI Data Center Development】According to Golden Finance, digital asset provider Galaxy Digital Inc. today announced the completion of a $1.4 billion project financing ('debt financing') to support the ongoing development of the Helios data center campus. Under a long-term agreement with CoreWeave Inc., this debt financing will fully fund the initial renovation and expansion of Helios, providing power support for the first phase of AI and high-performance computing (HPC) operations. Galaxy has provided $350 million in equity financing, with the remaining construction costs covered by debt financing. This $1.4 billion debt financing is secured by an 80% loan-to-cost ratio, with a term of 36 months, and is collateralized by all assets related to the construction of the first phase of Helios.
