Data center capacity across leased campuses
Company: Applied Digital
The claim, verbatim
Applied Digital has signed take-or-pay leases covering about 1,410 megawatts of capacity at five data center campuses
Source (primary)
Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “has signed take-or-pay leases covering about 1,410 megawatts (MW) of critical IT load (the power available to tenants' computing equipment) across five campuses”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the leases cover about 1,410 MW of critical IT load across five campuses, each running 15 years on a take-or-pay basis.
Confirmed in the source:
- Applied Digital has signed take-or-pay leases
- the leases cover about 1,410 megawatts of capacity
- the capacity spans five data center campuses
What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/markets-news/motley/4478039/applied-digital-won-t-collect-most-of-its-rent-until-2029-i-d-wait-to-buy-the-stock/) in full (9,374 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Won't Collect Most of Its Rent Until 2029. I'd Wait to Buy the Stock. - The Globe and Mail
Quote: “has signed take-or-pay leases covering about 1,410 megawatts (MW) of critical IT load (the power available to tenants' computing equipment) across five campuses”