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Digi Power X secures $200M debt to fund Alabama AI data center development

Company Fundamentals
13 Oct 2026
Proactive Investors
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Bullish
Digi Power X secures $200M debt to fund Alabama AI data center development

Digi Power X Inc has secured a $200 million debt financing commitment from a major lender, syndicated by Goldman Sachs, to support the completion of its 40 MW AI data center project in Alabama. This financing will help preserve the company's liquidity, reduce shareholder dilution, and enable pursuit of additional customer contracts. Construction remains on schedule with Phase 1 expected by December 2026 and Phase 2 by March 2027. The company is also expanding its AI infrastructure and repurposing other sites to support its AI token factory strategy.

Digi Power X's recent $200 million debt financing commitment provides context for its ongoing AI data center project. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 13, 2026 19:44 WIB: out of 150 priced US stocks, 44 rose and 99 fell. Notable movers include Western Digital Corp (WDC) at USD 358.30 with a 1-day change of -7.40%, Micron Technology, Inc. (MU) at USD 943.00 down 4.66%, and Applied Digital Corporation (APLD) at USD 22.19 down 4.56%.

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