Delta Forge 2 and Polaris Forge 3 are 15-year take-or-pay lease agreements
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Delta Forge 2 and Polaris Forge 3 leases are 15-year, take-or-pay agreements
Source (primary)
Applied Digital (APLD) Is Down 6.4% After Tiger Global Backs US$36 Billion AI Lease Push - simplywall.st (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “the Delta Forge 2 and Polaris Forge 3 leases. These 15 year, take or pay agreements”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document names the Delta Forge 2 and Polaris Forge 3 leases and describes them as 15 year, take or pay agreements.
Confirmed in the source:
- The Delta Forge 2 and Polaris Forge 3 leases are 15-year, take-or-pay agreements
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-is-down-64-after-tiger-global-backs-us3/amp) in full (7,898 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (APLD) Is Down 6.4% After Tiger Global Backs US$36 Billion AI Lease Push - simplywall.st
Quote: “the Delta Forge 2 and Polaris Forge 3 leases. These 15 year, take or pay agreements”