CleanSpark confirms Meta as the guarantor for a $6.6 billion AI data center lease, while simultaneously pursuing $2.2 billion in financing for its Georgia facility and eyeing further expansion in Texas.
Meta's confirmation as the tenant and guarantor for CleanSpark's $6.6B 20-year AI lease is a major bullish validation of CleanSpark's AI data center strategy.
Meta's expansion via CleanSpark's sites supports its AI infrastructure buildout but represents a relatively small portion of its overall capacity plans.
CleanSpark has identified Meta as the tenant for its 175 MW Sandersville, Georgia, data center project. The 20-year lease agreement includes a parent company guarantee from Meta, providing critical financial backing as CleanSpark seeks $2.2 billion in project financing amid rising interest rates.
Meta acts as the tenant and guarantor for the $6.6 billion lease, which provides CleanSpark with significant institutional validation and credit support for its transition into AI infrastructure.
CleanSpark must navigate ERCOT's regulatory processes, including stability assessments and audit requirements, to secure the full 885 MW capacity requested for its Sealy and Brazoria sites.