Delta Forge 2 lease with investment-grade hyperscaler
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Applied Digital signed a 210 MW, 15-year take-or-pay lease with a U.S.-based investment-grade hyperscaler at Delta Forge 2, adding approximately $5.2 billion in base-term revenue, with potential to reach $12.7 billion over 30 years if all renewal options are exercised
Source (primary)
APLD Stock Surges Nearly 9% After-Hours — Here’s Why - Stocktwits (-, news_article)
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Quote: “Applied Digital signed a 210 megawatt (MW), 15-year take-or-pay lease with a U.S.-based investment-grade hyperscaler at its Delta Forge 2 AI campus. The deal adds about $5.2 billion in base-term revenue. If all renewal options are exercised over a 30-year period, the total value rises to about $12.7 billion.”
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Additional evidence
confirms APLD Stock Surges Nearly 9% After-Hours — Here’s Why - Stocktwits
Quote: “Applied Digital signed a 210 megawatt (MW), 15-year take-or-pay lease with a U.S.-based investment-grade hyperscaler at its Delta Forge 2 AI campus. The deal adds about $5.2 billion in base-term revenue. If all renewal options are exercised over a 30-year period, the total value rises to about $12.7 billion.”