15-year lease of Corsicana campus to Frontier AI Lab
Company: Riot - Project: Corsicana
The claim, verbatim
Riot signed a 15-year triple-net powered land lease with an unnamed Frontier AI Lab for its entire 910 MW Corsicana, Texas campus, representing approximately $28 billion of contracted revenue over the initial term.
Source (primary)
Riot Platforms leases 910 MW Texas data center for US$28 billion - ET Datacenters (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “a 15-year triple-net powered land lease with a leading Frontier AI Lab for the entirety of our Corsicana campus, representing 910 megawatts of critical IT capacity and approximately $28 billion of contracted revenue over the initial term”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the lease term, structure, counterparty, campus, capacity and contracted revenue as claimed.
Confirmed in the source:
- Riot signed a 15-year triple-net powered land lease.
- The counterparty is an unnamed Frontier AI Lab.
- The lease covers Riot's entire 910 MW Corsicana, Texas campus.
- The lease represents approximately $28 billion of contracted revenue over the initial term.
What we did: Read our cached copy of the publisher (https://datacenters.economictimes.indiatimes.com/news/investments-deals/riot-platforms-leases-910-mw-texas-data-center-for-us28-billion/135674691) in full (3,563 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms leases 910 MW Texas data center for US$28 billion - ET Datacenters
Quote: “a 15-year triple-net powered land lease with a leading Frontier AI Lab for the entirety of our Corsicana campus, representing 910 megawatts of critical IT capacity and approximately $28 billion of contracted revenue over the initial term”