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Home Soluna Secures $30M from Spring Lane Capital to Fuel Project Dorothy 2

The following content is a news release distributed by . The original news release may be found here.

Soluna Secures $30M from Spring Lane Capital to Fuel Project Dorothy 2

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today financing from Spring Lane Capital (“SLC”) for a 48 MW expansion of Soluna’s flagship behind-the-meter data center, Project Dorothy, (“Dorothy 2”) facility. SLC, a private equity firm providing hybrid project capital for sustainability solutions, has agreed to lead the financing r...

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