Delta Forge 1 capacity and customer
Company: Applied Digital - Project: Delta Forge 1
The claim, verbatim
Delta Forge 1, 300 MW critical IT load campus in southern U.S., with two approximately 15-year leases for aggregate 300 MW with investment-grade hyperscaler
Source (primary)
View 10-K (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Delta Forge 1, a 300 MW critical IT load campus located in a strategic southern U.S. market. On January 22, 2026, we broke ground on Delta Forge 1... On April 23, 2026, we entered into two approximately 15-year leases with a second U.S.-based investment-grade hyperscaler for an aggregate 300 MW”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes Delta Forge 1 as a 300 MW southern U.S. campus leased under two roughly 15-year leases totaling 300 MW to an investment-grade hyperscaler.
Confirmed in the source:
- Delta Forge 1 is a 300 MW critical IT load campus
- Delta Forge 1 is located in a southern U.S. market
- The company entered into two approximately 15-year leases for an aggregate 300 MW at Delta Forge 1
- The tenant is a U.S.-based investment-grade hyperscaler
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000048/0001144879-26-000048.pdf) in full (630,756 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K
Quote: “Delta Forge 1, a 300 MW critical IT load campus located in a strategic southern U.S. market. On January 22, 2026, we broke ground on Delta Forge 1... On April 23, 2026, we entered into two approximately 15-year leases with a second U.S.-based investment-grade hyperscaler for an aggregate 300 MW”