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Polaris Forge 2 Hyperscaler Lease

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
customer
Statement date
2025-12-04
Promised amount
200.0 MW
Current status
stated

The claim, verbatim

Approximately 15-year lease agreement with U.S. based investment grade hyperscaler for 200 MW critical IT load at Polaris Forge 2

Source (primary)

Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On October 22, 2025, we announced that we entered into an approximately 15-year lease agreement with a U.S. based investment grade hyperscaler for 200 MW of critical IT load at our Polaris Forge 2 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 Applied Digital S-3 filed 2025-12-05

Quote: “On October 22, 2025, we announced that we entered into an approximately 15-year lease agreement with a U.S. based investment grade hyperscaler for 200 MW of critical IT load at our Polaris Forge 2 campus”

View cached copy (2026-08-31)Live source ↗