Polaris Forge 2 hyperscaler lease 200 MW
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
On October 22, 2025, entered into approximately 15-year lease with U.S.-based investment-grade hyperscaler for 200 MW of critical IT load at Polaris Forge 2.
Source (primary)
View 10-K (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “On October 22, 2025, we entered into an approximately 15-year lease with a U.S.-based investment-grade hyperscaler for 200 MW of critical IT load at the campus.”
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 View 10-K
Quote: “On October 22, 2025, we entered into an approximately 15-year lease with a U.S.-based investment-grade hyperscaler for 200 MW of critical IT load at the campus.”