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Riot vs tenant capex split

Company: Riot - Project: Corsicana

Subject kind
financing
Statement date
2026-11-09
Promised amount
2000000.0 USD/MW
Current status
stated

The claim, verbatim

Riot will contribute $2 million per MW toward site work and electrical infrastructure; the remaining $4 million per MW will be reimbursed by the tenant in stages after each phase is delivered.

Source (primary)

Riot Platforms signs a 15 year data center lease in Texas - W.Media (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗

Quote: “the company will contribute US$ 2 million per MW toward site work and electrical infrastructure. While the remaining US$ 4 million per MW will be reimbursed by the tenant”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article states the $2 million and $4 million per MW split and the staged reimbursement after each phase is delivered.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://w.media/riot-platforms-signs-a-15-year-data-center-lease-in-texas/) in full (6,878 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms signs a 15 year data center lease in Texas - W.Media

Quote: “the company will contribute US$ 2 million per MW toward site work and electrical infrastructure. While the remaining US$ 4 million per MW will be reimbursed by the tenant”

View cached copy (2026-11-09)Live source ↗Archive.org ↗