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Vinson & Elkins Advises Soluna in $100M Financing to Scale Data Centers
Yahoo Finance· 2025-09-17 05:58
By Daniella Parra Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers for AI and Bitcoin mining, has secured a scalable credit facility of up to $100 million from Generate Capital to fund refinancing, construction, and expansion of its renewable-powered projects, the company said. Vinson & Elkins said it served as counsel to affiliates of Generate Capital, PBC in connection with their roles as sole lender, administrative agent and collateral agent, in the negotiation of a financing of ...