Data Center Debt Is Making Investors Choosier: Cisar
THE SO WHAT
AI data centers are now competing in a crowded, debt-heavy high-yield market—capital is no longer free just because it’s “for AI.” If you’re planning large-scale infra, expect tighter underwriting on power, utilization, and offtake contracts and be ready to prove you’re not the marginal, overlevered build in the stack.
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