Delta Forge 2 lease agreement
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
210 MW lease under 15-year take-or-pay contract with US hyperscaler with high investment-grade credit rating
Source (primary)
Applied Digital Confirms Brookwood, Alabama, as Site of Delta Forge 2 AI Factory - TheEnergyMag (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “That agreement covers 210 MW of critical IT load under a 15-year take-or-pay contract with an unidentified US hyperscaler carrying a high investment-grade credit rating”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article describes the agreement as 210 MW under a 15-year take-or-pay contract with an unidentified US hyperscaler carrying a high investment-grade credit rating.
Confirmed in the source:
- The Delta Forge 2 lease covers 210 MW of critical IT load
- The lease is a 15-year take-or-pay contract
- The tenant is a US hyperscaler with a high investment-grade credit rating
What we did: Read our cached copy of the publisher (https://theenergymag.com/news/2026-09-25/applied-digital-alabama-ai-delta-forge-2) in full (3,781 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Confirms Brookwood, Alabama, as Site of Delta Forge 2 AI Factory - TheEnergyMag
Quote: “That agreement covers 210 MW of critical IT load under a 15-year take-or-pay contract with an unidentified US hyperscaler carrying a high investment-grade credit rating”