Delta Forge 2 contracted lease revenue
Company: Applied Digital
The claim, verbatim
The lease represents about $5.2 billion in contracted revenue over its initial term, potentially rising to $12.7 billion over 30 years if all renewal options are exercised
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: “Applied Digital said the lease represents about $5.2 billion in contracted revenue over its initial term, potentially rising to $12.7 billion over 30 years if all renewal options are exercised.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The article attributes both revenue figures to Applied Digital and notes they are future lease revenue, separate from the development investment.
Confirmed in the source:
- Applied Digital said the Delta Forge 2 lease represents about $5.2 billion in contracted revenue over its initial term
- Contracted revenue could rise to $12.7 billion over 30 years if all renewal options are exercised
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: “Applied Digital said the lease represents about $5.2 billion in contracted revenue over its initial term, potentially rising to $12.7 billion over 30 years if all renewal options are exercised.”