Voltage Park Data Center Capex and Sites

CleanSpark signed a 20-year triple-net lease for 175 MW of critical IT load at Sandersville, Georgia, with deliveries expected to begin in Q4 2027. The tenant also executed a letter of intent and exclusivity arrangement covering CleanSpark's Texas portfolio of 718 acres and up to 885 MW. CleanSpark estimated landlord project costs of $10 million to $12 million per MW On 17 September 2026 CleanSpark disclosed the tenant as Anviran, LLC, a wholly owned subsidiary of Meta, with Meta guaranteeing rent and operating expenses. The investor presentation shows development cost of about $11.9 million per IT MW, rent commencing 30 November 2027 and about $330 million of average annual NOI, and CleanSpark proposed a $2.227 billion senior secured notes offering to fund the remaining Sandersville build. The 17 September 2026 investor presentation states a 3.0% annual rent escalator, rent commencement on 30 November 2027 and one 12-month option in addition to the two five-year extensions

Merger creating an entity with more than $500 million of ARR, 60MW, more than 35,000 Nvidia GPUs and six data centers across four states.

CleanSpark subsidiary CSDC Finance I, LLC priced a Rule 144A / Regulation S private offering of $2.276 billion of 7.875% senior secured notes due 2031 at 98.500% of principal on 18 September 2026, up from the $2.227 billion proposed on 17 September 2026. Net proceeds are to finance the remaining build-out cost of the Sandersville Facility, reimburse CleanSpark for prior equity contributions and fund debt service reserves. The notes are guaranteed by CSRE Properties Sandersville, LLC and secured by first-priority liens on substantially all assets of the issuer and guarantor and on the issuer's equity; CleanSpark provides a customary completion guarantee. Closing is expected on 25 September 2026. The facility is leased for 20 years to an unnamed high investment-grade global technology company (lease announced 14 July 2026). The 17 September 2026 investor presentation filed with the proposed-offering 8-K identifies the tenant as Anviran, LLC, a wholly owned subsidiary of Meta, with Meta guaranteeing rent and operating expenses, and shows a development cost of about $11.9 million per IT MW. As of 24 September 2026 no closing 8-K had been filed; closing remained expected on 25 September 2026. CleanSpark's Form 8-K filed 25 September 2026 reports that CSDC Finance I, LLC completed the offering on 25 September 2026: $2,276.0 million of 7.875% Senior Secured Notes due 2031 issued at 98.500% of principal under an indenture dated 25 September 2026 with U.S. Bank Trust Company, National Association as trustee and collateral agent, guaranteed by CSRE Properties Sandersville, LLC. Net proceeds finance the remaining cost of the Sandersville, Georgia data center facility, reimburse CleanSpark for prior equity contributions and fund debt service reserves. CleanSpark provides a customary completion guarantee for the facility.

CleanSpark completed a Rule 144A offering of $1,150,000,000 of 0.00% Convertible Senior Notes due 2032 on 13 November 2025, issued at par for net proceeds of about $1.13 billion. It used about $460.0 million to repurchase shares from note investors and intends to use the remainder to expand its power and land portfolio, develop data center infrastructure, repay bitcoin-backed credit lines and for general corporate purposes.

Grant funding cited in the merger reporting.

The GPU purchase that seeded Voltage Park's fleet.

Austin-based TAR raised a $120 million Series A at a $1 billion post-money valuation to build off-grid solar and battery power systems for data centers, with gas backup for emergencies, and is executing a utility-scale deployment with one of the largest neoclouds in West Texas

San Francisco based Rune announced a $40 million Series A led by Spark Capital, with Union Square Ventures, Lowercarbon Capital, Activate Capital, Committed Capital, Timeless Partners and Logos Fund, bringing total funding to $53.5 million, alongside the launch of RELIC, a modular compute system installed behind the meter inside operating solar farms using clipped and curtailed power without a grid connection. pv magazine reports an active RELIC installation inside a 200 MW operating solar farm in Texas; the site and its compute capacity in MW are not disclosed. Proceeds are to secure more solar host agreements and scale the on-site compute footprint.

Voltage Park acquired GPU marketplace TensorDock.