Rent commencement terms by phase
Company: Riot
The claim, verbatim
Rent for each Corsicana phase begins within 60 days of powered pad delivery and is payable on full contracted capacity regardless of utilisation.
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: “Rent for each phase begins within 60 days of powered pad delivery. It is payable on full contracted capacity, irrespective of utilisation.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states both the rent start timing and that rent is owed on full contracted capacity irrespective of utilisation.
Confirmed in the source:
- Rent for each Corsicana phase begins within 60 days of powered pad delivery.
- Rent is payable on full contracted capacity regardless of utilisation.
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: “Rent for each phase begins within 60 days of powered pad delivery. It is payable on full contracted capacity, irrespective of utilisation.”