AIB Advances CLT1 Delivery With Funded Prepayment and Executed Equipment Orders
Contracted Sites Underwritten to Approximately $90.5 Million in Projected Annual Stabilized NOI, Based on Year 5 of the Executed Customer Agreements NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- AIB Data Centers Inc. (NYSE:AIB) ("AIB" or the "Company"), a developer of right-sized, 40–90 MW data centers for artificial intelligence ("AI") and high-performance computing ("HPC") customers, today announced that prepayment obligations were funded into escrow for AIB’s CLT1 campus and that AIB has received its first draw. AIB has also executed purchase orders for backup generators, uninterruptible power supply (UPS) systems and switchgear, with delivery scheduled to support the construction timeli