CoreWeave MOU for Polaris Forge 1 Building 4 (150 MW) lease assignment
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Entered Memorandum of Understanding with CoreWeave to assign Building 4 lease (150 MW) at Polaris Forge 1 to CoreWeave subsidiary upon achieving investment-grade credit rating.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “Entered a Memorandum of Understanding with CoreWeave to assign the Building 4 lease at Polaris Forge 1 to a CoreWeave subsidiary upon achieving an investment-grade credit rating.”
How we checked this
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Additional evidence
confirms EX-99.1
Quote: “Entered a Memorandum of Understanding with CoreWeave to assign the Building 4 lease at Polaris Forge 1 to a CoreWeave subsidiary upon achieving an investment-grade credit rating.”