Security
Vulcan Infrastructure and Power Inc. 8.50% Senior Notes due 2026 · GREEL
GREELNASDAQotherCurrentCIK 1844971Updated Oct 14, 2026
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NASDAQ:GREEL on TradingView ↗About the company
Vulcan Infrastructure and Power Inc. (Nasdaq: VIP) is a power and infrastructure platform focused on acquiring, developing, and operating energized sites that support artificial intelligence and high-performance computing data centers, as well as local electricity grids.
In the news
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Recent filings
Other Events
Items 8.01, 9.01
25-NSE - filed by Nasdaq Stock Market LLC regarding Vulcan Infrastructure & Power Inc.
Results of Operations and Financial Condition · Other Events
Items 2.02, 8.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
D filing
Items 06b
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 53,555,000Source | 64,855,000Source | 71,179,000Source | 163,767,000Source |
| Property, Plant and Equipment, NetUSD | 15,694,000Source | 30,299,000Source | 45,095,000Source | 130,417,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 19,572,000Source | — | — | 15,217,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,954,000Source | 1,493,000Source | 358,000Source | 2,696,000Source |
| Assets, CurrentUSD | 34,805,000Source | 26,803,000Source | 24,432,000Source | 33,058,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,542,000Source | 2,617,000Source | 3,864,000Source | 6,266,000Source |
| Operating Lease, Right-of-Use AssetUSD | 0Source | — | — | — |
| Other Assets, NoncurrentUSD | 2,156,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 99,859,000Source | 120,609,000Source | 122,203,000Source | 210,814,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,000Source | 1,000Source | 1,000Source | 5,000Source |
| Additional Paid in CapitalUSD | 338,145,000Source | 334,330,000Source | 319,992,000Source | 293,769,000Source |
| Retained Earnings (Accumulated Deficit)USD | -384,451,000Source | -389,737,000Source | -369,974,000Source | -340,464,000Source |
| Stockholders' Equity Attributable to ParentUSD | -46,304,000Source | -55,754,000Source | -51,024,000Source | -47,047,000Source |
| Liabilities and EquityUSD | 53,555,000Source | 64,855,000Source | 71,179,000Source | 163,767,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 63,008,000Source | 19,339,000Source | 20,977,000Source | 98,722,000Source |
| Accounts Payable, CurrentUSD | 1,950,000Source | 3,850,000Source | 3,495,000Source | 9,608,000Source |
| Other Liabilities, NoncurrentUSD | 2,741,000Source | 2,770,000Source | 2,650,000Source | 107,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,310,000Source | 4,232,000Source | 6,116,000Source | 11,327,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 0Source |
| Long-term DebtUSD | 43,086,000Source | 68,068,000Source | — | — |
| Short-term InvestmentsUSD | — | — | — | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -271,068,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 760,000Source | 2,182,000Source | 2,344,000Source | 2,636,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 461,000Source | 1,135,000Source | -2,338,000Source | 2,459,000Source |
| Increase (Decrease) in Accounts PayableUSD | -1,826,000Source | 1,060,000Source | -2,748,000Source | -48,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 15,055,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -14,994,000Source | — | — | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 36,553,000Source | — | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -10,606,000Source | 11,239,000Source | 13,772,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -4,693,000Source | -1,905,000Source | -67,382,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 19,572,000Source | 8,619,000Source | 13,312,000Source | 15,217,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,970,000Source | 6,153,000Source | — | 16,463,000Source |
| Income Taxes Paid, NetUSD | 33,000Source | — | — | 2,344,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 800,000Source | 2,200,000Source | 2,300,000Source | 2,600,000Source |
| Amortization of Debt Issuance CostsUSD | — | 974,000Source | 2,611,000Source | 3,946,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | -738,000Source | — | — | — |
| Deconsolidation, Gain (Loss), AmountUSD | -348,000Source | — | — | — |
| DepreciationUSD | 11,800,000Source | 13,500,000Source | 13,600,000Source | 35,100,000Source |
| Depreciation, NonproductionUSD | 11,810,000Source | 13,471,000Source | — | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 869,000Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | 11,475,000Source | -641,000Source | 9,903,000Source | 1,780,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -100,000Source | — | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | 224,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 406,000Source | 0Source | -591,000Source | -16,694,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -19,785,000Source | -29,039,000Source | -269,741,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -269,741,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 0Source | -471,000Source | -1,327,000Source |
| Income Tax Expense (Benefit)USD | -479,000Source | -69,000Source | 0Source | 15,002,000Source |
| Insured Event, Gain (Loss)USD | 399,000Source | — | — | — |
| InterestExpenseNonoperatingUSD | 4,033,000Source | 7,100,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 5,286,000Source | -19,785,000Source | -29,510,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 5,286,000Source | -19,785,000Source | -29,510,000Source | -271,068,000Source |
| Nonoperating Income (Expense)USD | 8,602,000Source | -8,405,000Source | -12,147,000Source | -21,576,000Source |
| Operating Costs and ExpensesUSD | 62,572,000Source | 70,982,000Source | 87,280,000Source | 323,142,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 5,239,000Source | 20,581,000Source | 9,531,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 0Source | 14,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 58,777,000Source | 59,533,000Source | 70,388,000Source | — |
| Selling, General and Administrative ExpenseUSD | 12,498,000Source | 17,294,000Source | 26,167,000Source | 36,946,000Source |
| Operating Income (Loss)USD | -3,795,000Source | -11,449,000Source | -16,892,000Source | -233,163,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 4,807,000Source | -19,854,000Source | -29,039,000Source | -254,739,000Source |
| Income Tax Expense (Benefit)USD | -479,000Source | -69,000Source | 0Source | 15,002,000Source |
| Net Income (Loss) Attributable to ParentUSD | 5,286,000Source | -19,785,000Source | -29,510,000Source | — |
| Earnings Per Share, BasicUSD per share | 0.35Source | -1.88Source | -4.43Source | -6.4Source |
| Earnings Per Share, DilutedUSD per share | 0.34Source | -1.88Source | -4.43Source | -6.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 15,164,000Source | 10,504,000Source | 6,660,000Source | 42,373,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 15,335,000Source | 10,504,000Source | 6,660,000Source | 42,373,000Source |
| Interest Expense (non-operating)USD | 4,033,000Source | 7,100,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | -479,000Source | -69,000Source | 0Source | -53,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 11,810,000Source | 13,471,000Source | 13,602,000Source | 35,136,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | 869,000Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | 224,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -19,785,000Source | -29,039,000Source | -269,741,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 4,807,000Source | -19,854,000Source | -29,039,000Source | -254,739,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -269,741,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | -1.88Source | -4.36Source | -6.37Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | -1.88Source | -4.36Source | -6.37Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 0Source | -471,000Source | -1,327,000Source |
| Interest ExpenseUSD | — | — | 12,700,000Source | 21,600,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -4,033,000Source | -7,082,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 5,286,000Source | -19,785,000Source | -29,510,000Source | -271,068,000Source |
| Nonoperating Income (Expense)USD | 8,602,000Source | -8,405,000Source | -12,147,000Source | -21,576,000Source |
| Operating Costs and ExpensesUSD | 62,572,000Source | 70,982,000Source | 87,280,000Source | 323,142,000Source |
Offerings
Registration 333-295953
Filing attachments
e665775_ex4-1.htm · 8-K · 2026-09-10
EX-4.1 2 e665775_ex4-1.htm NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FR…
Read attachment ↗e665775_ex4-2.htm · 8-K · 2026-09-10
EX-4.2 3 e665775_ex4-2.htm NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FRO…
Read attachment ↗e665775_ex99-1.htm · 8-K · 2026-09-10
EX-99.1 8 e665775_ex99-1.htm Vulcan Infrastructure and Power Completes $39.4 Million Strategic Investment Investment from Machine Investment Group, Atlas Holdings, Conversant Capital, and other investors provides capital to address near-term debt maturity and advance development opportunities; Transaction positions Vulcan to advance more than 100 MW of immediate and near-term AI/HPC opportunities, alongside a 654 MW development pipeline across owned sites PITTSFORD, N.Y., September 10, 202…
Read attachment ↗e665764_ex107.htm · S-8 · 2026-09-09
Ex-Filing Fees CALCULATION OF FILING FEE TABLES S-8 VULCAN INFRASTRUCTURE AND POWER INC. Table 1: Newly Registered Securities Security Type Security Class Title Notes Fee Calculation Amount Registered Proposed Maximum Offering Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Rule …
Read attachment ↗e665662_ex4-1.htm · 8-K · 2026-07-20
EX-4.1 4 e665662_ex4-1.htm NEITHER THIS SECURITY NOR THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FR…
Read attachment ↗e665662_ex4-2.htm · 8-K · 2026-07-20
EX-4.2 5 e665662_ex4-2.htm NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FRO…
Read attachment ↗