Corsicana 910 MW lease with Frontier AI Lab
Company: Riot
The claim, verbatim
Riot signed a 15-year triple-net powered land lease with a leading Frontier AI Lab for its entire Corsicana campus, covering 910 MW of critical IT capacity, with approximately $28 billion in total contract value and approximately $1.8 billion in average annual rent over the initial term.
Source (primary)
riot 8-K exhibit (riot-ex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “Executed a 15-year, 910 critical IT MW triple-net powered land lease with a leading Frontier AI Lab at Corsicana, representing approximately $28 billion in total contract value and approximately $1.8 billion in average annual rent over the initial term”
How we checked this
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Additional evidence
confirms riot 8-K exhibit (riot-ex99d1.htm)
Quote: “Executed a 15-year, 910 critical IT MW triple-net powered land lease with a leading Frontier AI Lab at Corsicana, representing approximately $28 billion in total contract value and approximately $1.8 billion in average annual rent over the initial term”