Vulcan Completes $39.4M Investment, Addresses Debt Maturity
Vulcan Infrastructure and Power closed a $39.4 million private financing led by affiliates of Machine Investment Group and Atlas Holdings, with Conversant Capital and insiders, to redeem about $33.1 million of 8.50% senior notes due October 2026 and fund growth of its AI/HPC-powered infrastructure platform. The deal includes a $10 million convertible note and a three-year warrant, plus a governance refresh with new independent directors and an expanded board as Vulcan accelerates plans for up to 104 MW of near-term capacity and a 654 MW development pipeline.
Business · 8 sources · Sep 13, 2026Read itThe journal
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About Vulcan Inc.
Vale Group LLC, doing business as Vulcan Real Estate, is an American private holding company based in Seattle, Washington. The company was founded as Vulcan Northwest in 1986 by Microsoft co-founder Paul Allen and his sister Jody Allen to establish and oversee the family's diverse business activities and philanthropic endeavors. It includes the Paul G. Allen Estate and Trust and advises the Paul G. Allen Family Foundation.
Everything about Vulcan Inc. →- Country
- United States
- Headquarters
- Seattle
- Inception
- 1986, 1987
- Website
- http://www.vulcan.com/