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Counterparty profile · GPU cloud

Nscale: what it has signed

Nscale is the supplier in one GPU capacity contract, the customer in one colocation agreement, the provider in one GPU capacity contract, the borrower in one credit agreement, the owner in one design-build contract, the tenant in one data centre lease, the borrower in one neocloud corporate revolver, the borrower (Ward County SPV) in one credit agreement, the customer (Ward County SPV) in one compute equipment lease and the sponsor in four GPU loans filed on SEC EDGAR. This page sets out the financings and what those contracts say, clause by clause, in the filed wording. Nscale on the deal register.

Randeep Bubbra | Lawyer | Making the next generation of infrastructure financeable · Firm profile ·

Filed contracts
9
Clauses covered
46
Filed extracts
105
Filed financings
4

The financings

Filed GPU loans and notes

Four filed financings, $4,804m of loan commitments and notes in all. Each links to its checked summary, where the terms in-house teams negotiate first are quoted from the filed credit agreement or indenture.

FinancingNscale is theSignedSizeLenders or securitySource
Nscale Europe DDTL
GPU loan · New York law
Sponsor11 February 2026$1,422mGoldman Sachs Lending PartnersFiling
Nscale Iceland facility
GPU loan · England and Wales law
Sponsor29 July 2026$332mMacquarie BankFiling
Nscale North Carolina DDTL
GPU loan · New York law
SponsorAugust 2026$1,200mGoldman Sachs and JPMorganFiling
Nscale Ward County DDTL
GPU loan · New York law
Sponsor27 August 2026$1,850mJPMorgan and Goldman Sachs, with eight mandated lead arrangersFiling

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New filed contracts, financings and wording where Nscale is a party. One email when something changes, nothing otherwise. Confirm by email; stop with one click.

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Method

Built only from the contract library and the filed financings: the contracts and credit agreements above are public SEC exhibits, each extract is checked against the filed text, and each summary row must be supported by its extracts. A contract shows what was agreed in that deal, at that date; it does not show what Nscale would agree today, and its defined terms and other clauses can change the effect. Nothing here comments on any company. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.

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