Delta Forge 2 lease contracted revenue
Company: Applied Digital
The claim, verbatim
The Delta Forge 2 lease guarantees approximately $5.2 billion in base-term contracted revenue, with potential to reach $12.7 billion if all renewal options are exercised over 30 years
Source (primary)
Tiger Global Takes New Position In Applied Digital (NASDAQ: APLD) As AI Data Center Demand Surges - foreignpolicyjournal.com (-, news_article)
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Quote: “The take-or-pay lease structure guarantees approximately $5.2 billion in base-term contracted revenue, with the potential to reach $12.7 billion if all renewal options are exercised over a 30-year total term.”
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Additional evidence
confirms Tiger Global Takes New Position In Applied Digital (NASDAQ: APLD) As AI Data Center Demand Surges - foreignpolicyjournal.com
Quote: “The take-or-pay lease structure guarantees approximately $5.2 billion in base-term contracted revenue, with the potential to reach $12.7 billion if all renewal options are exercised over a 30-year total term.”