Future expansion leases planned
Company: Applied Digital
The claim, verbatim
Two expansion leases covering approximately 100 and 150 megawatts are currently in negotiation, expected to be finalized at materially higher rates than recent deals
Source (primary)
Applied Digital (NASDAQ: APLD) Stock Has Fallen 44% In Three Months, But A $36 Billion Backlog Tells A Different Story - foreignpolicyjournal.com (-, news_article)
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Quote: “two expansion leases currently in negotiation, covering approximately 100 and 150 megawatts, are finalized at the materially higher rates management expects”
How we checked this
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Additional evidence
confirms Applied Digital (NASDAQ: APLD) Stock Has Fallen 44% In Three Months, But A $36 Billion Backlog Tells A Different Story - foreignpolicyjournal.com
Quote: “two expansion leases currently in negotiation, covering approximately 100 and 150 megawatts, are finalized at the materially higher rates management expects”