Delta Forge 2 210 MW hyperscaler lease
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Signed a 210 MW, 15-year lease at Delta Forge 2 with a tier-one investment grade hyperscaler, representing approximately $5.2 billion of base-term contracted revenue.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
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 release states every element of this lease, including its size, term, counterparty type and contract value.
Confirmed in the source:
- Applied Digital signed a 210 MW lease at Delta Forge 2
- The Delta Forge 2 lease has a 15-year term
- The Delta Forge 2 counterparty is a tier-one investment grade hyperscaler
- The Delta Forge 2 lease represents approximately $5.2 billion of base-term contracted revenue
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000057/apldq127earningsrelease.htm) in full (40,037 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms EX-99.1
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”
confirms Earnings Release
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”
confirms View PDF
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”
confirms Applied Digital revenue soars as AI data center demand drives growth - Yahoo Finance
Quote: “signed a 15-year lease for 210 megawatts at its Delta Forge 2 facility with a large investment-grade hyperscaler, representing about $5.2 billion of contracted revenue over the base term”