High Investment Grade Hyperscaler Polaris Forge 3 lease
Company: Applied Digital - Project: Polaris Forge 3
The claim, verbatim
Applied Digital signed two 15-year leases with three 5-year renewal options for 2 buildings at Polaris Forge 3 with a U.S. based High Investment Grade Hyperscaler, utilizing 300 MW of IT load.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “U.S. Based High Investment Grade Hyperscaler - Signed two 15-year leases with three 5-year options for 2 buildings at Polaris Forge 3, utilizing 300 MW of IT load”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Investor Presentation
Quote: “U.S. Based High Investment Grade Hyperscaler - Signed two 15-year leases with three 5-year options for 2 buildings at Polaris Forge 3, utilizing 300 MW of IT load”