High investment-grade hyperscaler 300 MW lease at Delta Forge 1
Company: Applied Digital - Project: Delta Forge 1
The claim, verbatim
A U.S.-based high investment-grade hyperscaler has signed two 15-year leases with three 5-year renewal options for 2 buildings at Delta Forge 1, committing to 300 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: “U.S. Based High Investment-Grade Hyperscaler - Signed two 15-year leases with three 5-year options for 2 buildings at Delta Forge 1, utilizing 300 MW of IT load”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The 2026 timeline states a U.S. based high investment-grade hyperscaler signed two 15-year leases with three 5-year options for 2 buildings at Delta Forge 1 utilizing 300 MW.
Confirmed in the source:
- A U.S.-based high investment-grade hyperscaler signed two 15-year leases with three 5-year options for 2 buildings at Delta Forge 1
- The leases commit to 300 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: “U.S. Based High Investment-Grade Hyperscaler - Signed two 15-year leases with three 5-year options for 2 buildings at Delta Forge 1, utilizing 300 MW of IT load”