CoreWeave leases at Polaris Forge 1
Company: Applied Digital
The claim, verbatim
Signed three 15-year leases with three 5-year options with CoreWeave for 3 buildings at Polaris Forge 1, utilizing 400 MW of critical IT load; base-term lease value ~$10.7B, up to $27.40B with renewals.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “CoreWeave - Signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1, utilizing 400 MW of Critical IT load”
How we checked this
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Additional evidence
confirms Investor Presentation
Quote: “CoreWeave - Signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1, utilizing 400 MW of Critical IT load”