As Soluna raises $12.5 million for GPU cloud

Secures funding for data center announced in 2022

Money to be partly used to refinance the loan that took it private

Company currently operates six cable ships

Unit, which includes HVAC components, changes hands to investment firm

IFC, Proparco, and RMB contribute to financing

Recently-launched company acquires data center, plans expansion

Companies have long shared same owners and CEO

Acquisition sees real estate services firm expand into technical services

Investment firm take majority stake in company

Facility to launch later this year

Money to fund 400MW pipeline across Australia and New Zealand

Acquires newly-built site from property firm Ghelamco

Company to use money to add 20MW of capacity

Company decommissions assets “effective immediately”

Site had long been used as a university building without permission

Raise oversubscribed to the tune of $2.8 billion

Company insists no final decision has been made

Terms not disclosed - company has 200MW pipeline

Buys Dublin's Davenham and Sydney's VASS

Company secures 400MW hosting deal with unnamed hyperscaler at site

Company said to be looking to divest entire stake in Aussie operator

Says deal undervalues crypto hosting firm

Investment to fund continued expansion plans