CoreWeave 400 MW lease at Polaris Forge 1
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
CoreWeave has signed three 15-year leases with three 5-year renewal options for 3 buildings at Polaris Forge 1, committing to 400 MW of critical IT load
Source (primary)
applied-digital 8-K exhibit (apld_invxinvestorpresent.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-09)Live source ↗
Quote: “CoreWeave - Signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1, utilizing 400 MW of IT load”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document's 2026 expansion timeline states CoreWeave signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1 utilizing 400 MW of IT load.
Confirmed in the source:
- CoreWeave signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1
- The CoreWeave leases at Polaris Forge 1 commit to 400 MW of IT load
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000036/apld_invxinvestorpresent.htm) in full (35,389 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apld_invxinvestorpresent.htm)
Quote: “CoreWeave - Signed three 15-year leases with three 5-year options for 3 buildings at Polaris Forge 1, utilizing 400 MW of IT load”