Investment Grade Hyperscaler lease for Polaris Forge 2
Company: Applied Digital
The claim, verbatim
Signed two 15-year leases with Investment Grade Hyperscaler for 200 MW of critical IT load at Polaris Forge 2, unlocking approximately $5 billion in anticipated aggregate contract value
Source (primary)
applied-digital 8-K exhibit (apld_invxfinalpresentati.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Secured 2 leases with a U.S. Based Investment Grade Hyperscaler, for a combined 200 MW at Polaris Forge 2. Unlocking ~$5B in anticipated aggregated contract value over a ~15-year horizon”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apld_invxfinalpresentati.htm)
Quote: “Secured 2 leases with a U.S. Based Investment Grade Hyperscaler, for a combined 200 MW at Polaris Forge 2. Unlocking ~$5B in anticipated aggregated contract value over a ~15-year horizon”