IREN and Wingspire Equipment Finance Complete $363 Million Financing for High-Density AI Compute Assets
IREN closed a $363 million equipment financing with Wingspire Equipment Finance, backed by recently acquired, revenue-generating AI compute infrastructure including GPU servers and networking systems. The deal was completed with a six-lender group led by Eldridge Capital Management and Silver Point Capital, and returned a meaningful percentage of the equipment's original cost to IREN as redeployable liquidity.
Key figures
- Deal Value Usd
- 363000000
- Structure
- asset-backed equipment finance secured by GPU servers/networking, supported by multi-year customer contracts
- Lender count
- 6
AI analysis
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