IREN closes $363 million equipment financing for AI compute assets
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Go back to IREN closes $363 million equipment financing for AI compute assets
October 28, 2026 9:17 AM EDT
TUSTIN, Calif. & SYDNEY--(BUSINESS WIRE)-- Wingspire Equipment Finance and IREN Limited (NASDAQ: IREN) (IREN) announced the closing of a $363 million equipment financing transaction supporting IRENs AI compute business.
The Equipment Finance Agreement refinanced recently acquired, revenue-generating AI compute infrastructure, including GPU-based servers and networking systems deployed in high-density data center environments. Wingspire Equipment Finance completed the transaction with a six-lender group, led by major commitments from Eldridge Capital Management and Silver Point Capital.
The financing returned substantial capital to IREN, representing a meaningful percentage of the equipments original cost, converting existing... More
