910MW Corsicana lease with unnamed frontier AI lab
Company: Riot - Project: Corsicana
The claim, verbatim
Riot signed a 910MW IT capacity contract with an unnamed frontier AI lab covering its entire Corsicana, Texas campus. It is a 15-year triple-net lease with two five-year extensions, valued at $28 billion, or $54 billion if all extensions are exercised.
Source (primary)
Riot Platforms signs 910MW agreement with unnamed frontier AI lab (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “According to the company, it is a triple-net lease that will run for 15 years, with two five-year extension periods. The contract is valued at $28 billion, expanding to $54 billion should all the extension options be exercised.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article's headline and body establish the customer description, capacity, full-campus coverage, lease terms and both contract values.
Confirmed in the source:
- Riot signed a 910MW IT capacity contract with an unnamed frontier AI lab
- The contract covers the entirety of the Corsicana, Texas data center campus
- It is a 15-year triple-net lease
- The lease has two five-year extension periods
- The contract is valued at $28 billion
- The value expands to $54 billion if all extensions are exercised
What we did: Read our cached copy of the publisher (https://www.datacenterdynamics.com/en/news/riot-platforms-signs-910mw-agreement-with-unnamed-frontier-ai-lab/) in full (8,709 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms signs 910MW agreement with unnamed frontier AI lab
Quote: “According to the company, it is a triple-net lease that will run for 15 years, with two five-year extension periods. The contract is valued at $28 billion, expanding to $54 billion should all the extension options be exercised.”