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Applied Digital Announces New U.S. Based High Investment-Grade Hyperscaler Tenant at Delta Forge 1, a 430 MW AI Factory Campus

$APLDPress releaseApr 23, 2026, 8:00 AM ETRead the release

Applied Digital signed a 15-year lease agreement with a new U.S. investment-grade hyperscaler for 300 MW at its Delta Forge 1 campus. The deal carries a total contracted value of approximately $7.5 billion, bringing total contracted lease revenue to over $23 billion across its portfolio.

Key figures

Deal Value Usd
$7.5 billion
It load mw
300
Lease term years
estimated 15-year
Campus capacity mw
430
Total contracted revenue
$23 billion

AI analysis

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    APLD: Applied Digital Announces New U.S. Based High Investment-Grade Hyperscaler Tenant at Delta Forge 1, a 430 MW AI Factory Campus — AI Analysis | Signal8