New U.S. hyperscaler lease at Delta Forge 1
Company: Applied Digital - Project: Delta Forge 1
The claim, verbatim
Entered into lease agreement with new U.S. based high investment-grade hyperscaler for 300 MW over 15 years, representing approximately $7.5 billion in total contracted value
Source (primary)
applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-09)Live source ↗
Quote: “entered into a lease agreement with a new U.S. based high investment-grade h yperscaler at its 430 MW AI Factory campus, Delta Forge 1. This lease represents approximately $7.5 billion in total contracted value over an estimated 15-year lease term and covers 300 megawatts (MW) of critical IT load”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (apld_deltaforgexprxfinal.htm)
Quote: “entered into a lease agreement with a new U.S. based high investment-grade h yperscaler at its 430 MW AI Factory campus, Delta Forge 1. This lease represents approximately $7.5 billion in total contracted value over an estimated 15-year lease term and covers 300 megawatts (MW) of critical IT load”