Capex split: Riot $2M/MW, tenant reimburses $4M/MW
Company: Riot - Project: Corsicana
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 and begins generating rent.
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: “Riot will contribute US$2 million per MW toward site work and electrical infrastructure. The remaining US$4 million per MW will be reimbursed by the tenant in stages.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article sets out Riot's contribution, the tenant's reimbursement and the timing of the reimbursement stages as claimed.
Confirmed in the source:
- 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.
- Reimbursement occurs after each phase is delivered and begins generating rent.
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: “Riot will contribute US$2 million per MW toward site work and electrical infrastructure. The remaining US$4 million per MW will be reimbursed by the tenant in stages.”