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Alabama·Proactive financial news
Digi Power X secures US$200M debt financing commitment for Alabama AI data center
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- Oct 13NEWS·AlabamaDigi Power X received a $200 million debt financing commitment from a major lender, syndicated by Goldman Sachs, to support completion of its 40 MW Alabama AI data center. The financing is expected to close within 90 days, subject to definitive documentation and lender diligence completion.Stock Titan · Alabama
- Oct 13NEWS·AlabamaDigi Power X announced a $200 million debt financing commitment syndicated by Goldman Sachs to support completion of its 40 MW AI data center in Alabama, with closing expected within 90 days. The company is also expanding its AI token factory infrastructure through its NeoCloudz platform and converting New York sites to reduce noise and water consumption.TradingView · Alabama
- Oct 13MORATORIUM·Lowndes Co., ALDemocratic gubernatorial nominee Doug Jones outlined his data center platform at a Fort Deposit town hall, proposing a one-year moratorium on new construction, public disclosure of development agreements, and elimination of tax incentives. Jones also advocated for ethics law changes to prevent local officials from financially benefiting from data center projects.Alabama Reflector · Lowndes Co., AL
- Oct 13NEWS·Chatham Co., GAHeadline onlySavannah Morning News · Chatham Co., GA
- Oct 13MORATORIUM·GeorgiaLocal Georgia Democrats held a press event Monday opposing data center development, with state Sen. Harold Jones and party officials criticizing Republican gubernatorial candidate Rick Jackson's investments in data center projects. Democratic candidate Keisha Lance Bottoms supports a statewide moratorium on data centers to study their potential impacts before developing regulations.The Augusta Press · Georgia
- Oct 13NEWS·Orleans Parish, LAA subsidiary of bitcoin mining company Hut 8 donated $25,000 to Gov. Jeff Landry's political action committee in June, months before the company's $10 billion River Bend data center groundbreaking in West Feliciana Parish. Hut 8 stated the contribution was separate from project negotiations.WWNO · Orleans Parish, LA
- Oct 13LAWSUIT·MississippiDaily Memphian · Mississippi
- Oct 13NEWS·Shelby Co., TNHeadline onlyWREG.com · Shelby Co., TN
- Oct 13NEWS·Davidson Co., TNHeadline onlyWKRN News 2 · Davidson Co., TN
- Oct 13NEWS·Davidson Co., TNHeadline onlyWKRN News 2 · Davidson Co., TN
- Oct 13MORATORIUM·TennesseeShelby County commissioners advanced a proposed temporary moratorium on data centers in unincorporated areas in a 5-4 vote Monday, with supporters saying regulations should be established before development occurs. The measure requires two more readings; Memphis City Council will vote on its own data center moratorium October 20.Action News 5 · Tennessee
- Oct 13