Data center facility leases with terms
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
The contracted portfolio includes Polaris Forge 1, 2, and 3, and Delta Forge 1 and 2, with 15-year take-or-pay lease terms
Source (primary)
Applied Digital Named One Of Wells Fargo Top Ideas — Analyst Highlights Backlog Quality, Power Advantage And Valuation Discount - Stocktwits (-, news_article)
View cached copy (2026-09-22)Live source ↗
Quote: “The portfolio includes Polaris Forge 1, 2, and 3, as well as Delta Forge 1 and 2. The leases carry initial 15-year terms and are structured on a take-or-pay basis.”
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Additional evidence
confirms Applied Digital Named One Of Wells Fargo Top Ideas — Analyst Highlights Backlog Quality, Power Advantage And Valuation Discount - Stocktwits
Quote: “The portfolio includes Polaris Forge 1, 2, and 3, as well as Delta Forge 1 and 2. The leases carry initial 15-year terms and are structured on a take-or-pay basis.”