Financing ·
Vulcan Infrastructure & Power to redeem $30.3M of 8.50% Senior Notes due 2026 on Oct 13
GREEVulcan Infrastructure & Power Inc.
Vulcan Infrastructure and Power Inc. delivered a notice of redemption for all outstanding 8.50% Senior Notes due 2026, with the $30.3 million principal expected to be redeemed on October 13, 2026, at 100% of par plus accrued interest. This follows an exchange completed on October 1 where approximately $2.8 million in notes were converted into 10.00% Senior Notes due 2030 and warrants. The company estimates it will hold approximately $16.9 million in cash and digital assets following the redemption and payment of PIPE transaction expenses, down from $49.2 million as of September 30, 2026. Vulcan Infrastructure and Power Inc. is a power and infrastructure platform focused on acquiring, developing and operating energized sites that support artificial intelligence and high-performance computing data centers.