Corsicana capex and expected NOI
Company: Riot
The claim, verbatim
The Corsicana project requires about $5.5 billion in capital and is expected to generate about $1.8 billion in average annual net operating income, an unlevered yield on cost of roughly 33%.
Source (primary)
RIOT Q3 Earnings Call Highlights $38B in AI Data Center Leases - Yahoo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “The project requires approximately $5.5 billion in capital and is expected to generate $1.8 billion in average annual net operating income”
How we checked this
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Additional evidence
confirms RIOT Q3 Earnings Call Highlights $38B in AI Data Center Leases - Yahoo Finance
Quote: “The project requires approximately $5.5 billion in capital and is expected to generate $1.8 billion in average annual net operating income”