jain.com

Take-or-pay leases for 1,410 MW capacity

Company: Applied Digital

Subject kind
facility capacity
Statement date
2026-09-09
Promised amount
1410.0 MW
Current status
stated

The claim, verbatim

Applied Digital has signed take-or-pay leases covering approximately 1,410 megawatts of capacity across five data center campuses

Source (primary)

Applied Digital (NASDAQ: APLD) Carries $36 Billion In Contracted Rent But Collects Almost None Before 2029 - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗

Quote: “Applied Digital (NASDAQ: APLD) has signed take-or-pay leases covering roughly 1,410 megawatts of capacity across five data center campuses”

How we checked this

Checked on September 20, 2026. The cited source supports every part of this claim.

The document states this directly.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/09/09/applied-digital-nasdaq-apld-carries-36-billion-in-contracted-rent-but-collects-almost-none-before-2029/) in full (3,283 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital (NASDAQ: APLD) Carries $36 Billion In Contracted Rent But Collects Almost None Before 2029 - foreignpolicyjournal.com

Quote: “Applied Digital (NASDAQ: APLD) has signed take-or-pay leases covering roughly 1,410 megawatts of capacity across five data center campuses”

View cached copy (2026-09-10)Live source ↗Archive.org ↗