Sharon AI Enters Into GPU-Backed Debt Facility, Expanding Funding Flexibility for AI Factory Deployments
PR Newswire•01/10/2026•07:00 ET
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Key Highlights
- ➤US$356m committed senior secured GPU-backed debt facility priced at 9.95% fixed
- ➤Facility supports deployment of over 68,000 NVIDIA GPUs by mid-2027
- ➤Sharon AI (SHAZ) secured over US$2.6bn institutional debt and equity capital
- ➤Customer offtake reaches over US$8.8bn in total contract value
Expert Statements
James Manning, Co-founder and Chief Executive Officer of Sharon AI
“As demand for sovereign and secure, trusted AI infrastructure continues to outpace available supply globally, and particularly across Australia, New Zealand and the broader Asia-Pacific, access to scalable debt capital is an important enabler of our growth.”
James Manning, Co-founder and Chief Executive Officer of Sharon AI
“This facility demonstrates how we expect to access debt markets to fund our GPU deployments, leveraging our book of quality customer offtake now standing at a TCV of over US$8.8bn.”
James Manning, Co-founder and Chief Executive Officer of Sharon AI
“This is designed to enhance return on equity and ultimately drive increased long-term shareholder value.”
James Manning, Co-founder and Chief Executive Officer of Sharon AI
“With a strong balance sheet, growing contracted capacity pipeline and a disciplined approach to capital allocation, we believe we are well positioned to continue scaling our AI platform across the Asia-Pacific region.”
Sharon AI Enters Into GPU-Backed Debt Facility, Expanding Funding Flexibility for AI Factory Deployments PR Newswire
Proceeds from the facility will support the deployment of compute infrastructure dedicated to customer contracts
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