Applied Digital entered into a new long-term lease agreement at Delta Forge 2, a purpose-built AI Factory campus located in a southern state. The lease with a U.S. based high investment-grade hyperscaler covers 210 MW of critical IT load under a 15-year take-or-pay structure with renewal options, representing approximately $5.2 billion in base-term contracted revenue, or approx. $12.7 billion if all renewal options are exercised.
With this agreement, which represents Applied Digitalโs third long-term lease with the same U.S. based investment-grade hyperscaler, the companyโs contracted portfolio spans five AI Factory campuses, representing 1.4 GW of critical IT load and approximately $36 billion in total contracted base-term lease revenue, or $86 billion if all renewals are exercised.
Announcement โ https://ir.applieddigital.com/news-events/press-releases/detail/154/applied-digital-signs-210-mw-lease-at-delta-forge-2
Disclaimer
The views and opinions expressed in these announcements are those of the author(s). Claims or assumptions in these announcements are not endorsed by and do not reflect the position of the Pacific Telecommunications Council.
