Delta Forge 2 210 MW under construction
Company: Applied Digital - Project: Delta Forge 2
The claim, verbatim
Delta Forge 2 is 210 MW critical IT load campus under construction in single building, contracted with high 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 2 is a 210 MW critical IT load campus located in our southern region, comprising a single building under construction. The full 210 MW of critical IT load is contracted under an approximately 15-year lease with a high investment-grade hyperscaler”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 10-K describes Delta Forge 2 as a 210 MW campus in a single building under construction, contracted under an approximately 15-year lease with a high investment-grade hyperscaler.
Confirmed in the source:
- Delta Forge 2 is a 210 MW critical IT load campus
- Delta Forge 2 comprises a single building under construction
- Its 210 MW is contracted with a high 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 2 is a 210 MW critical IT load campus located in our southern region, comprising a single building under construction. The full 210 MW of critical IT load is contracted under an approximately 15-year lease with a high investment-grade hyperscaler”