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Nebius Q3 Customer Prepayments Cover More Than 100% of Related Capital Expenditures; 2027 Capex Plan Set at $40–45 Billion
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Author：小编
In contracts signed by Nebius Group during the third quarter, customer prepayments covered more than 100% of associated capital expenditures—up from 50–60% in the second quarter. Over 90% of contract value signed in the quarter included prepayments. The company expects capital expenditures of $40–45 billion in 2027 and plans to add more than 1 GW of computing capacity, with 75–85% of capex expected to be covered by customer prepayments and asset-backed financing from investment-grade customers. Nebius has already secured over 4 GW of power capacity and aims to reach 5 GW by the end of 2026.
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