Vulcan Infrastructure and Power Inc. reported a net loss of $9.9 million for the second quarter ended June 30, 2026, widening from $4.1 million in the prior-year period, while total revenue declined to $3.4 million from $12.9 million. The company announced a $39.4 million strategic investment led by Atlas Holdings and Machine Investment Group, with net proceeds intended to redeem approximately $33 million of outstanding 8.50% Senior Notes due October 2026. During the quarter, Vulcan exchanged $3.6 million in aggregate principal amount of the Senior Notes for $1.4 million in new 10.00% Senior Notes due 2030 and 1,277,111 shares of Class A common stock. The company generated $20.0 million of power and capacity revenue in the first half of 2026, a 70% increase year-over-year, and holds a development pipeline of 654 MW across owned sites focused on AI/HPC infrastructure. Vulcan Infrastructure and Power Inc. operates as a power and digital infrastructure platform acquiring, developing, and operating energized sites to support artificial intelligence data centers.

Vulcan Infrastructure and Power Inc., formerly Greenidge Generation Holdings Inc., entered into subscription agreements for a $39.4 million private investment in public equity (PIPE) transaction. The financing includes $29.4 million in Class A common stock issued at $1.71 per share to investors including Machine Investment Group, Atlas Holdings, Conversant Capital, and company insiders, plus a $10 million senior secured convertible promissory note issued to Machine Investment Group. The company intends to use net proceeds to redeem approximately $33 million of its outstanding 8.50% senior notes due October 2026. Additionally, the company is rebranding and changing its Nasdaq ticker from GREE to VIP, effective July 24, 2026. The company operates in the digital infrastructure and power sector, focusing on AI and high-performance computing data centers.