Delta Forge 2 210 MW lease with tier-one hyperscaler
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Applied Digital signed a 210 MW, 15-year lease at Delta Forge 2 with its tier-one investment grade hyperscaler customer, representing approximately $5.2 billion of base-term contracted revenue.
Source (primary)
applied-digital 8-K exhibit (apldq127earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-08)Live source ↗
Quote: “signed a 210 MW, 15-year lease at Delta Forge 2 with the Company's tier-one investment grade hyperscaler customer, representing approximately $5.2 billion of base-term contracted revenue”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The earnings release lists this lease, previously announced on June 8, 2026, with the stated capacity, term, counterparty and contract value.
Confirmed in the source:
- Applied Digital signed a lease at Delta Forge 2
- The lease is for 210 MW
- The lease term is 15 years
- The counterparty is the Company's tier-one investment grade hyperscaler customer
- The lease represents approximately $5.2 billion of base-term contracted revenue
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000057/apldq127earningsrelease.htm) in full (40,083 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apldq127earningsrelease.htm)
Quote: “signed a 210 MW, 15-year lease at Delta Forge 2 with the Company's tier-one investment grade hyperscaler customer, representing approximately $5.2 billion of base-term contracted revenue”