Applied Digital Signs 210 MW Lease at Delta Forge 2, Expanding Its AI Factory Franchise Model to a Fifth Campus
Applied Digital signed a 15-year take-or-pay lease for 210 MW of critical IT load at its Delta Forge 2 campus with a U.S. investment-grade hyperscaler. The deal represents $5.2 billion in base-term revenue, or $12.7 billion if all renewal options are exercised, marking the company’s fifth AI Factory campus.
Key figures
- Lease term years
- 15
- Lease capacity mw
- 210
- Base term revenue usd
- 5200000000
- Total contracted it load gw
- 1.4
- Total grid connected power gw
- 2.15
- Hyperscaler revenue backing pct
- 70
- Total revenue with renewals usd
- 12700000000
- Total contracted revenue portfolio usd
- 36000000000
- Total contracted revenue with renewals portfolio usd
- 86000000000
AI analysis
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