Data centres

verified 2026-09-27

Where is the capacity being built, how large, and for whom?

The sites the builders' own reports state — 78 sites of 17 companies, each with its sentences — and the capacity behind rated data-centre debt.

Data-centre sites the filings state

of 17 companies, each site with every sentence its company's filings give it

how it is counted

A site: the site as the company's newest report names it; aliases are the other names its reports gave it. Its statements: every sentence of the company's own reports about the site, newest first.

A town stated →by country: United States 47 · Canada 9 · Iceland 3 · Australia 2 how it is counted the city (or county) and region the company states; none when it names the site only: 61
No town statedits filings name the site only; in the table its place reads “place not stated”: 17
On the mapat the centre of the stated town; the others name no town, one outside the United States, or one that could not be placed as written how it is counted a reference point inside the stated place (the town's, or the county's), not the site's own coordinates; US places only: 46
Companies →each with its sites and their sentences, below: 17
Operational: 4
Under construction: 10
Planned: 20
Sold: 1
Ended: 1
Status not statedthe site's newest filing names none; an older sentence may, under the company below how it is counted operational, under construction or planned, as the statement's own words put it; blank when it says none: 42

46 sites on the map

Fill: operational solid, under construction half, planned faint; a pin is the centre of the town the filing names, not the site's own. The other sites name no town, one outside the United States, or one that could not be placed as written: each says why in the table below.

Loading the map…

Every site the filings state

78 rows

A site is here only when a filing states it. Hyperscalers state none per site in their filings, so their campuses are not on this page; what they have signed and not yet begun is under leases not yet commenced. Capacity is the largest the site's newest filing states, with what it measures below it: capacities on different bases do not compare.

How a site is read

site: the site as the company's newest report names it; aliases are the other names its reports gave it
place: the city (or county) and region the company states; none when it names the site only
point: a reference point inside the stated place (the town's, or the county's), not the site's own coordinates; US places only
mw: the largest capacity the site's newest report states for it, in MW (a GW figure × 1000); read it with its basis
basis: what the capacity measures, as the company says: critical IT load, IT capacity, gross, or power capacity; blank when unstated
status: operational, under construction or planned, as the statement's own words put it; blank when it says none
counterparty: the company the statement names besides the filer: the tenant when the filer builds for others, the landlord or host when the filer leases; or an unnamed hyperscaler
statements: every sentence of the company's own reports about the site, newest first


NVIDIA	—	Pike County, Ohio	4,250 MW IT load	—	OpenAI	2 sentences
Galaxy	Helios also Helios Data Center	place not stated not on the map: no place stated	1,600 MW gross	—	CoreWeave	51 sentences
IREN	Sweetwater	place not stated not on the map: no place stated	1,400 MW basis not stated	—	—	3 sentences
Applied Digital	Ellendale Campus also Ellendale, Ellendale Facility	Ellendale, North Dakota	1,000 MW basis not stated	planned	CoreWeave	11 sentences
Hut 8	Beacon Point also Beacon Point DC	Nueces County, Texas	1,000 MW basis not stated	under construction	—	6 sentences
TeraWulf	—	Grayson, KY	1,000 MW basis not stated	planned	—	1 sentence
Cipher	—	San Antonio, Texas	900 MW basis not stated	planned	—	1 sentence
Riot	Corsicana also Corsicana Facility	Navarro County, Texas	756 MW basis not stated	planned	—	4 sentences
Core Scientific	—	Muskogee, Oklahoma	440 MW gross	—	AMD	8 sentences
Applied Digital	Ellendale HPC Facility also Ellendale HPC	Ellendale, North Dakota	400 MW basis not stated	under construction	an unnamed hyperscaler	5 sentences
Applied Digital	Polaris Forge 1	Ellendale, North Dakota	400 MW basis not stated	—	CoreWeave	20 sentences
TeraWulf	Cayuga Site also Cayuga	Lansing, New York	400 MW gross	planned	Fluidstack	4 sentences
Constellation	—	Freestone County, Texas	380 MW basis not stated	—	—	3 sentences
Hut 8	River Bend	place not stated not on the map: no place stated	330 MW basis not stated	under construction	Fluidstack	13 sentences
Hut 8	—	West Feliciana Parish, Louisiana not on the map: the town could not be placed as written	330 MW basis not stated	—	—	1 sentence
Applied Digital	—	Boyce, Louisiana	300 MW critical IT load	—	an unnamed hyperscaler	1 sentence
Cipher	Black Pearl	Wink, Texas	300 MW basis not stated	—	—	5 sentences
CleanSpark	—	Brazoria County, Texas	300 MW basis not stated	planned	—	1 sentence
CleanSpark	—	Austin County, Texas	285 MW basis not stated	planned	—	4 sentences
Galaxy	—	Dickens County, Texas	260 MW critical IT load	under construction	—	1 sentence
CoreWeave	—	Kenilworth, NJ	250 MW basis not stated	planned	—	1 sentence
TeraWulf	Lake Mariner	place not stated not on the map: no place stated	250 MW gross	planned	G42	3 sentences
MARA	—	Hansford County, Texas	240 MW basis not stated	—	—	1 sentence
Applied Digital	Delta Forge 2	place not stated not on the map: no place stated	210 MW critical IT load	under construction	an unnamed hyperscaler	2 sentences
Cipher	Odessa Facility also Odessa	Odessa, Texas	207 MW basis not stated	—	an unnamed hyperscaler	13 sentences
Applied Digital	—	Garden City, TX	200 MW basis not stated	sold	MARA	3 sentences
Applied Digital	Polaris Forge 2	Harwood, North Dakota	200 MW basis not stated	under construction	an unnamed hyperscaler	14 sentences
Cipher	Ulysses Site	place not stated not on the map: no place stated	200 MW basis not stated	—	—	1 sentence
Core Scientific	Austin	Austin, Texas	200 MW basis not stated	—	CoreWeave	13 sentences
Riot	Rockdale	place not stated not on the map: no place stated	191 MW critical IT load	planned	—	3 sentences
CleanSpark	Sandersville AI Campus	Sandersville, Georgia	175 MW basis not stated	—	—	14 sentences
TeraWulf	Abernathy HPC Campus also Abernathy	Abernathy, Texas	168 MW critical IT load	—	Fluidstack	7 sentences
TeraWulf	—	Barker, NY	162 MW basis not stated	—	—	1 sentence
Applied Digital	—	Ellendale, North Dakota	150 MW critical IT load	—	CoreWeave	27 sentences
IREN	Childress	Childress, Texas	150 MW basis not stated	planned	—	8 sentences
MARA	—	Findlay, Ohio	150 MW basis not stated	planned	—	4 sentences
Cipher	Stingray also Stingray Facility	place not stated not on the map: no place stated	100 MW basis not stated	—	—	3 sentences
CoreWeave	—	Lancaster, Pennsylvania	100 MW basis not stated	planned	—	1 sentence
Digital Realty	—	Richardson, Texas	100 MW basis not stated	planned	—	2 sentences
IREN	Mackenzie	place not stated not on the map: no place stated	80 MW basis not stated	—	—	1 sentence
Galaxy	Merlin	place not stated not on the map: no place stated	74 MW basis not stated	—	—	1 sentence
Cipher	Reveille	place not stated not on the map: no place stated	70 MW basis not stated	planned	—	4 sentences
Cipher	Barber Lake	Colorado City, Texas	56 MW basis not stated	planned	Fluidstack	11 sentences
CleanSpark	—	Massena, NY	50 MW basis not stated	ended	—	8 sentences
IREN	Prince George	place not stated not on the map: no place stated	50 MW basis not stated	—	—	1 sentence
Hut 8	Drumheller	place not stated not on the map: no place stated	42 MW basis not stated	operational	—	1 sentence
Digital Realty	Franklin Park	place not stated not on the map: no place stated	40 MW basis not stated	planned	—	1 sentence
WhiteFiber	NC-1	Madison, North Carolina	40 MW basis not stated	—	—	1 sentence
Supermicro	—	Vernon, California	21 MW basis not stated	—	—	9 sentences
TeraWulf	CB-1	place not stated not on the map: no place stated	20 MW basis not stated	under construction	—	1 sentence
CleanSpark	—	Whitfield County, Georgia	15 MW basis not stated	under construction	—	1 sentence
Applied Digital	Jamestown HPC	place not stated not on the map: no place stated	10 MW basis not stated	—	—	1 sentence
Applied Digital	—	Jamestown, North Dakota	7.5 MW basis not stated	—	—	3 sentences
Bit Digital	MTL-3	Saint-Jérôme, Québec not on the map: outside the United States: the map places US towns only	7 MW gross	under construction	—	8 sentences
WhiteFiber	MTL-3	place not stated not on the map: no place stated	7 MW gross	under construction	—	5 sentences
Bit Digital	—	BlöndUos, Iceland not on the map: outside the United States: the map places US towns only	6 MW basis not stated	—	—	2 sentences
Bit Digital	—	Blönduós, Iceland not on the map: outside the United States: the map places US towns only	6 MW gross	—	WhiteFiber	6 sentences
WhiteFiber	—	Blönduós, Iceland not on the map: outside the United States: the map places US towns only	6 MW gross	—	—	5 sentences
Bit Digital	MTL-2	Montreal, Canada not on the map: outside the United States: the map places US towns only	5 MW gross	—	WhiteFiber	19 sentences
Bit Digital	—	Pointe-Claire, QC not on the map: outside the United States: the map places US towns only	5 MW basis not stated	planned	—	1 sentence
WhiteFiber	—	Montreal, Canada not on the map: outside the United States: the map places US towns only	5 MW gross	—	—	10 sentences
Bit Digital	—	Sydney, Australia not on the map: outside the United States: the map places US towns only	2.5 MW IT load	—	WhiteFiber	1 sentence
WhiteFiber	—	Sydney, Australia not on the map: outside the United States: the map places US towns only	2.5 MW IT load	—	—	1 sentence
Hut 8	—	Kelowna, BC not on the map: outside the United States: the map places US towns only	1.1 MW basis not stated	—	—	7 sentences
Hut 8	—	Toronto, ON not on the map: outside the United States: the map places US towns only	0.9 MW basis not stated	—	—	4 sentences
Hut 8	—	Vancouver, BC not on the map: outside the United States: the map places US towns only	0.5 MW basis not stated	—	—	9 sentences
CleanSpark	—	Dalton, GA	shared with other sites	planned	—	4 sentences
CleanSpark	—	Norcross, GA	shared with other sites	planned	—	1 sentence
Core Scientific	—	Auburn, AL	shared with other sites	—	AMD	2 sentences
Core Scientific	—	Dalton, GA	shared with other sites	—	—	1 sentence
Core Scientific	—	Denton, TX	shared with other sites	—	—	3 sentences
Core Scientific	—	Marble, NC	shared with other sites	—	—	1 sentence
Core Scientific	Pecos	Pecos, TX	shared with other sites	—	AMD	6 sentences
Hut 8	—	Mississauga, Ontario not on the map: outside the United States: the map places US towns only	shared with other sites	—	—	5 sentences
Hut 8	—	Vaughan, Ontario not on the map: outside the United States: the map places US towns only	shared with other sites	—	—	5 sentences
MARA	—	Garden City, Texas	shared with other sites	operational	—	1 sentence
MARA	—	Hopedale, Ohio	shared with other sites	operational	—	3 sentences
MARA	—	Kearney, Nebraska	shared with other sites	operational	—	1 sentence

Every sentence, by company

Each site opens onto the sentences of its company's filings about it, newest first, each with the capacity and status it states.

Applied Digital10 sites

Ellendale Campus · Ellendale, North Dakota · 1,000 MW · planned11 statements
- 1,000 MW · planned ·“The Ellendale campus was planned to be engineered for high-density compute and designed to scale up to 1 gigawatt over time.”
- 400 MW ·“(“CoreWeave”) to deliver up to an aggregate of 250 MW of infrastructure to host CoreWeave’s HPC operations at the Company’s 400 MW Ellendale, North Dakota datacenter campus (the “Ellendale Campus”).”
- 400 MW critical IT load ·“Applied Digital’s Ellendale campus is designed to host 400 MW of critical IT load.”
- 400 MW · under construction ·“The funds for construction are held in a construction reserve account to fund the construction of the Company’s 400 MW Ellendale, North Dakota data center campus (the “Ellendale Campus”), in accordance with the SMBC Credit Agreement (as defined below).”
- 400 MW ·“•our dependence on principal customers, including our ability to execute leases with key customers, including leases for our 400 MW Ellendale, North Dakota datacenter campus (the “Ellendale Campus”);”
- 400 MW ·“Pursuant to the terms of the UPA, MAM will invest up to $900 million to fund the equity portion of the construction costs for the Company’s 400 MW Ellendale, North Dakota datacenter campus (the “Ellendale Campus”), with the initial investment of $225 million payable at closing, and the remaining $675 million payable in”
- 400 MW ·“Pursuant to the terms of the UPA, MAM will invest up to $900 million to fund the equity portion of the construction costs for our 400 MW Ellendale, North Dakota datacenter campus (the “Ellendale Campus”), with the initial investment of $225 million payable at closing, and the remaining $675 million payable in increments of $2.25 million for each executed lease of 1 MW of capacity.”
- 100 MW · under construction ·“The investment proceeds from MAM, will be used to complete the buildout of the Ellendale Campus, including our HPC 100 MW data center currently under construction (the “HPC Ellendale Facility”), repay the existing bridge debt, fund platform general and administrative expenses, and pay transaction expenses.”
- 1,400 MW ·“This starts with our Ellendale campus and continues with three additional campuses we are actively marketing totaling 1.4 GW.”
- 100 MW · under construction ·“In 2023, we commenced the construction of our first 100 MW HPC data center in Ellendale, North Dakota (the “HPC Ellendale Facility”).”
- 600 MW ·“In addition, we continue to see outsized demand for HPC hosting capacity at our differentiated Ellendale campus. where we have more than 600MW of future capacity.”
Ellendale HPC Facility · Ellendale, North Dakota · 400 MW · under construction5 statements
- 400 MW · under construction ·“Applied Digital continues negotiations with multiple US-based hyperscalers to lease up to 400 MW of capacity, inclusive of the Ellendale HPC data center under construction and two forthcoming buildings at the Ellendale Campus.”
- 100 MW ·“(2)The Starion Ellendale Loan is guaranteed by APLD ELN-01 LLC, a wholly-owned subsidiary of the Company, and is secured by the first 100 MW HPC facility in Ellendale, North Dakota (the “Ellendale HPC Facility”), a security interest in substantially all of the assets of APLD ELN-01 LLC, and a security interest in the form of a collateral assignment of the Company’s rights and interests in all master hosting agreements related to the Ellendale HPC Facility.”
- 100 MW · under construction ·“•our ability to complete construction of the first 100 MW HPC facility in Ellendale, North Dakota (the “Ellendale HPC Facility”);”
- 100 MW · under construction ·“The closing of the facility is conditioned upon APLDH executing a lease with a hyperscaler for its 100 MW Ellendale HPC data center under construction acceptable to MAM, completion of the APLDH limited liability company operating agreement and other ancillary documents, as well as other customary closing conditions.”
- 400 MW ·“We have entered into exclusivity and executed an LOI with a US-based hyperscaler for a 400 MW capacity lease of our Ellendale HPC campus.”
Polaris Forge 1 · Ellendale, North Dakota · 400 MW20 statements
- 400 MW ·“The 2030 9.250% Notes were issued at a price equal to 97% of their aggregate principal amount APLD ComputeCo intends to use the net proceeds from the offering to fund a portion of the construction and associated expenses of its 100 MW and 150 MW data centers, ELN-02 and ELN-03, respectively (the “Ellendale Facilities”), at the Company’s 400MW Ellendale, North Dakota campus (“Polaris Forge 1”), repay the aggregate principal balance plus any accrued and unpaid interest under the SMBC Loan, fund debt service reserves, and pay transaction expenses.”
- 100 MW ·“We recently commenced operations at our first HPC data center at our Polaris Forge 1 campus with 100MW of capacity.”
- 400 MW ·“The Issuer intends to use the net proceeds from the offering to fund a portion of the construction and associated expenses of its 100 MW and 150 MW data centers, ELN-02 and ELN-03, respectively (the “Facilities”), at the Company’s 400MW Ellendale, North Dakota campus (“Polaris Forge 1”), repay the aggregate principal balance plus any accrued and unpaid interest under the SMBC Loan, fund debt service reserves, and pay transaction expenses.”
- 150 MW ·“•Entered into agreements with CoreWeave intended to enhance the credit quality of the tenants under the 100 MW (ELN-02) and 150 MW (ELN-03) data center leases at the Polaris Forge 1 campus in Ellendale, North Dakota.”
- 100 MW ·“We recently commenced operations at our first HPC data center at our Polaris Forge 1 campus with 100MW of capacity.”
- 400 MW ·“The Issuer intends to use the net proceeds from the offering to fund a portion of the construction and associated expenses of its 100 MW and 150 MW data centers, ELN-02 and ELN-03, respectively (the “Facilities”), at the Company’s 400MW Ellendale, North Dakota campus (“Polaris Forge 1”), repay the aggregate principal balance plus any accrued and unpaid interest under the SMBC Loan, fund debt service reserves, and pay transaction expenses.”
- 100 MW ·“We recently commenced operations at our first HPC data center at our Polaris Forge 1 campus with 100MW of capacity.”
- 1,000 MW · planned ·“The first draw of $112.5 million was funded today by MAM-managed funds and will support the build-out of Applied Digital’s 400MW AI Factory campus in Ellendale, North Dakota (“Polaris Forge 1”), which is designed to scale up to 1 gigawatt over time.”
- 400 MW · under construction ·“The funds for construction are held in a construction reserve account to fund the construction of the Company’s 400 MW Ellendale, North Dakota data center campus (“Polaris Forge 1”), in accordance with the SMBC Credit Agreement (as defined below).”
- 400 MW ·“The Initial Closing was conditioned upon, among other things, the Subsidiary Issuer (or an Affiliate thereof) entering into the Company’s previously disclosed lease with a hyperscaler for the first 100 MW data center located at the Company’s 400 MW Ellendale, North Dakota datacenter campus (“Polaris Forge 1”), as well as the parties finalizing and executing a limited liability company agreement for the Subsidiary Issuer (the “A&R LLCA”).”
- 150 MW ·“("CoreWeave"), for an additional 150 megawatts ("MW") at our Polaris Forge 1 campus in Ellendale, North Dakota ("Polaris Forge 1"), which is now fully leased.”
- 150 MW ·“Additionally, we began construction on the next 150 MW building at our Polaris Forge 1 campus.”
- 150 MW ·“During the quarter ended August 31, 2025, we signed an additional 150 MW lease for our Polaris Forge 1 campus, bringing the full 400 MW of critical IT load under contract with CoreWeave and securing approximately $11 billion in prospective lease revenue over the approximately 15 year terms.”
- 150 MW ·“We are currently building two HPC focused data center facilities to provide 100 MW and 150 MW, respectively, of capacity at our Polaris Forge 1 campus in Ellendale, ND.”
- 400 MW · planned ·“(“CoreWeave”) exercised its option for an additional 150MW of hosting capacity at Applied Digital Corporation’s (the “Company”) 400 MW Ellendale, North Dakota datacenter campus (“Polaris Forge 1”).”
- 400 MW · under construction ·“•our ability to complete construction of the first 100 MW HPC facility of our 400 MW Ellendale, North Dakota data center campus ("Polaris Forge 1"), formerly known as the Company's Ellendale Campus;”
- 400 MW · under construction ·“The funds for construction are held in a construction reserve account to fund the construction of the Company’s 400 MW Ellendale, North Dakota data center campus ("Polaris Forge 1"), in accordance with the SMBC Credit Agreement (as defined below).”
- 250 MW critical IT load ·“During the quarter ended May 31, 2025, we signed two transformative 15-year lease agreements with CoreWeave, an AI hyperscaler, to deliver 250 megawatts of critical IT load at our Ellendale, North Dakota data center campus ("Polaris Forge 1").”
- 150 MW ·“These facilities are purpose built for high power density GPUs and along with a third 150 MW data center, will comprise our Polaris Forge 1 campus.”
- 100 MW ·“The Company’s first 100 MW HPC facility at the Polaris Forge 1 campus in Ellendale, North Dakota—a 369,000+”
site not named · Boyce, Louisiana · 300 MW critical IT load1 statement
- 300 MW critical IT load ·“•Signed a 15-year take-or-pay lease with a new U.S. based, high investment-grade hyperscaler for 300 megawatts ("MW") of critical IT load at Delta Forge 1, a new AI Factory campus in Boyce, Louisiana.”
Delta Forge 2 · place not stated · 210 MW critical IT load · under construction2 statements
- 210 MW critical IT load · under construction ·“On June 5, 2026, we entered into an approximately 15-year lease (with three five-year renewal options) with a high investment-grade hyperscaler at our Delta Forge 2 210 MW critical IT load campus located in our southern region, comprising a single building under construction. The lease is for the full 210 MW of critical IT load, representing approximately $5.2 billion of contracted revenue over the base term, with expected delivery in the first half of calendar year 2028.”
- 210 MW critical IT load · under construction ·“On June 5, 2026, the Company entered into an approximately 15-year lease (with three five-year renewal options) with a high investment-grade hyperscaler at its Delta Forge 2 210 MW critical IT load campus located in its southern region, comprising a single building under construction. The lease is for the full 210 MW of critical IT load, representing approximately $5.2 billion of contracted revenue over the base term, with expected delivery in the first half of calendar year 2028.”
site not named · Garden City, TX · 200 MW · sold3 statements
- 200 MW · sold ·“In March 2024, we announced that we entered into a definitive agreement to sell our 200 MW campus in Garden City, TX, to Mara Garden City LLC, a Delaware limited liability company and subsidiary of Marathon Digital Holdings (Nasdaq: MARA).”
- 200 MW · sold ·“In March 2024, we announced that we entered into a definitive agreement to sell our 200 MW campus in Garden City, TX, to Marathon Digital Holdings (Nasdaq: MARA).”
- 200 MW · sold ·“DALLAS, TX – March 15, 2024 -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that it has entered into a definitive agreement to sell its 200 megawatt ("MW") campus in Garden City, TX to Marathon Digital Holdings (Nasdaq: MARA) (“Marathon”) for a net purchase price of approximately $87.3 million, with a gross purchase price of $97.3 million after adjustments contemplated in the purchase agreement.”
Polaris Forge 2 · Harwood, North Dakota · 200 MW · under construction14 statements
- 200 MW · under construction ·“On August 18, 2025, we broke ground on our Polaris Forge 2 data center campus near Harwood, North Dakota, with an initial 200 MW data center.”
- 200 MW ·“On August 18, 2025, we also announced that we would be breaking ground on our Polaris Forge 2 campus with an initial 200 MW data center near Harwood, North Dakota.”
- 200 MW critical IT load · planned ·“Proceeds will fund development of 200 MW of critical IT load at Polaris Forge 2 in Harwood, North Dakota.”
- 200 MW ·“On August 18, 2025, we also announced that we would be breaking ground on our Polaris Forge 2 campus with an initial 200 MW data center near Harwood, North Dakota.”
- 200 MW critical IT load ·“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.”
- 200 MW critical IT load · under construction ·“Proceeds will fund the development and construction of 200 MW of critical IT load at the Polaris Forge 2 AI Factory campus in Harwood, North Dakota.”
- 200 MW · under construction ·“On August 18, 2025, we broke ground on Polaris Forge 2, a $3 billion, 200 MW data center campus near Harwood, North Dakota.”
- 200 MW critical IT load · under construction ·“The Issuer intends to use the net proceeds from the offering to fund the development and construction of 200 megawatts of critical IT load at Polaris Forge 2, its AI Factory campus in Harwood, North Dakota currently leased to Oracle, as well as the “Project Accounts” (including but not limited to the Debt Service Reserve Account) in accordance with the provisions of the indenture governing the notes, and to pay related fees and expenses, including transaction expenses.”
- 200 MW ·“On August 18, 2025, we also announced that we would be breaking ground on our Polaris Forge 2 campus with an initial 200 MW data center near Harwood, North Dakota.”
- 200 MW critical IT load ·“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.”
- 200 MW · planned ·“•Announced an approximately 15‑year lease with a U.S. based investment‑grade hyperscaler for 200MW of AI and HPC capacity at the under‑construction Polaris Forge 2 campus, with phased delivery across two buildings beginning in 2026, expected to deliver approximately $5 billion in revenue.”
- 200 MW · under construction ·“On August 18, 2025, we broke ground on Polaris Forge 2, a $3 billion, 200 MW data center campus near Harwood, North Dakota.”
- 300 MW IT load ·“•Secured $50 million in funding from Macquarie Equipment Capital, Inc. for our approximately $3 billion, 300 MW IT load AI Factory campus near Harwood, North Dakota ("Polaris Forge 2").”
- 280 MW ·“On August 18, 2025, we also announced that we would be breaking ground on our Polaris Forge 2 campus, a $3 billion, 280 MW data center near Harwood, North Dakota.”
site not named · Ellendale, North Dakota · 150 MW critical IT load27 statements
- 150 MW critical IT load ·“The Issuer intends to use the net proceeds from the offering to (i) fund the construction and associated expenses of 150 megawatts of critical IT load (“ELN-04”) at Polaris Forge 1, Applied Digital’s AI Factory campus at Ellendale, North Dakota, (ii) repay the aggregate principal balance plus any accrued interest under the Credit and Guaranty Agreement with Goldman Sachs Bank USA, as administrative agent and as collateral agent and the lenders party thereto, which was provided as a bridge loan facility, (iii) fund debt service reserves, and (iv) pay transaction expenses.”
- 150 MW ·“DALLAS — Aug. 29, 2025 — Applied Digital (NASDAQ: APLD) announced today that it has finalized a new lease agreement with CoreWeave, the AI Hyperscaler™, for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota.”
- 180 MW ·“Total revenues increased $7.6 million, or 6%, from $136.6 million for the fiscal year ended May 31, 2024 to $144.2 million for the fiscal year ended May 31, 2025 which was primarily due revenue increasing by $20.4 million due to our 180 MW Data Center Hosting Facility in Ellendale, ND operating at full capacity during the current year as opposed to the prior year when that facility experienced a power outage during the second half of fiscal year 2024.”
- 180 MW ·“Revenue increased $20.4 million, or 17%, from $121.9 million for the fiscal year ended May 31, 2024 to $142.3 million for the fiscal year ended May 31, 2025 which was caused by our 180 MW Data Center Hosting Facility in Ellendale, ND operating at full capacity during the current year as opposed to the prior year when that facility experienced a power outage during the second half of fiscal year 2024.”
- 150 MW ·“We are currently building two HPC focused data center facilities to provide 100 MW and 150 MW, respectively, of capacity in Ellendale, ND.”
- 250 MW critical IT load · planned ·“Under the lease agreements, Applied Digital will deliver 250 megawatts (MW) of critical IT load to host CoreWeave’s artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota data center campus.”
- 400 MW · planned ·“The proceeds from the SMBC Loans were used to: (i) prepay in full the Macquarie Promissory Note, (ii) pay for certain data center project development costs at the Company’s 400 MW Ellendale, North Dakota data center campus, and (iii) fund the Interest Reserve Account as defined in the Credit Agreement.”
- 400 MW ·“Remaining proceeds have been deposited into a separate bank account for future construction costs at the Company’s 400 MW Ellendale, North Dakota data center campus.”
- 100 MW · under construction ·“During the prior fiscal year, the Company broke ground on its first 100 MW HPC facility in Ellendale, North Dakota.”
- 400 MW · planned ·“(the “Macquarie Note”), and all other Note Documents (as defined in the Macquarie Note) except for the Warrant (as defined in the Macquarie Note), which shall survive the termination of the Macquarie Note, (ii) pay for certain data center project development costs at the Company’s 400 MW Ellendale, North Dakota data center campus as described in the Credit Agreement, and (iii) fund the Interest Reserve Account (as defined in the Credit Agreement), subject to the terms and conditions contained in Section 6.15 of the Credit Agreement.”
- 100 MW · under construction ·“During the prior fiscal year, the Company broke ground on its first 100 MW HPC facility in Ellendale, North Dakota.”
- 100 MW · under construction ·“During the prior fiscal year, we broke ground on our first 100 MW HPC facility in Ellendale, North Dakota.”
- 100 MW · under construction ·“We continue negotiations with multiple US-based hyperscalers for a 400 MW capacity lease, inclusive of our current 100 MW facility under construction and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW · under construction ·“We also began construction of a 100 MW HPC data center in Ellendale, North Dakota, on land located adjacent to our existing 180 MW data center hosting facility, which is the first of three planned buildings on this site for a total of 400 MW of capacity.”
- 100 MW ·“We are concurrently negotiating definitive lease documentation with multiple hyperscalers for our Ellendale, North Dakota 100 MW purpose-built HPC data center, and have not yet finalized or signed a lease with any of these hyperscalers.”
- 100 MW · under construction ·“We also began construction of a 100 MW HPC data center in Ellendale, North Dakota, on land located adjacent to our existing 180 MW Data center hosting facility, which is the first of three planned buildings on this site for a total of 400 MW of capacity.”
- 100 MW · under construction ·“During the prior fiscal year, the Company broke ground on its first 100 MW HPC facility in Ellendale, North Dakota.”
- 100 MW · under construction ·“During the prior fiscal year, we broke ground on our first 100 MW HPC facility in Ellendale, North Dakota.”
- 100 MW · under construction ·“We continue the negotiations (although exclusivity has recently expired) with a US-based hyperscaler for a 400 MW capacity lease, inclusive of our current 100 MW facility under construction and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW · under construction ·“The Company also broke ground on a 100 MW HPC data center in project in Ellendale, ND, on land located adjacent to its existing 180 MW Data center hosting facility.”
- 100 MW ·“The Company has entered into exclusivity and executed a letter of intent with a US-based hyperscaler for a 400 MW capacity lease, inclusive of our current 100 MW facility and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW · under construction ·“During the fiscal second quarter 2024, we broke ground on our first 100 MW HPC data center facility in Ellendale, North Dakota.”
- 100 MW · under construction ·“The Company has entered into exclusivity and executed a letter of intent with a US-based hyperscaler for a 400 MW capacity lease, inclusive of our current 100 MW facility under construction and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW · under construction ·“The Company has entered into exclusivity through an executed LOI with a US-based hyperscaler for 400 MW capacity, inclusive of our 100 MW facility currently under construction and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW ·“The Company has entered into exclusivity and executed an LOI with a US-based hyperscaler for a 400 MW capacity lease, inclusive of our current 100 MW facility and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW ·“The Company has entered into exclusivity and executed an letter of intent with a US-based hyperscaler for a 400 MW capacity lease, inclusive of our current 100 MW facility and two forthcoming buildings in Ellendale, North Dakota.”
- 100 MW · under construction ·“•Began construction of 100 megawatt ("MW") high-performance computing facility (“HPC”) in Ellendale, North Dakota”
Jamestown HPC · place not stated · 10 MW1 statement
- 10 MW ·“DALLAS, March 5, 2024 -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced the Company has closed a previously secured loan agreement with The Bank of North Dakota and Cornerstone Bank for $16 million in site-level financing for its 10MW Jamestown HPC data center campus.”
site not named · Jamestown, North Dakota · 7.5 MW3 statements
- 7.5 MW ·“The first facility, which is nearing completion, is a 7.5 MW facility in Jamestown, North Dakota located adjacent to our 106 MW data center hosting facility.”
- 7.5 MW ·“The first facility, which is nearing completion, is a 7.5 MW facility in Jamestown, North Dakota located adjacent to the Company’s 106 MW data center hosting facility.”
- 7.5 MW ·“The first facility, which is nearing completion, is a 7.5 MW facility in Jamestown, ND location adjacent to the Company's 106 MW Data center hosting facility.”

Bit Digital6 sites

MTL-3 · Saint-Jérôme, Québec · 7 MW gross · under construction8 statements
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed to as a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed as a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed to as a 7 MW (gross) Tier-3 data center.”
- 5 MW · planned ·“On April 11, 2025, the Company announced that it has secured the rights to a new data center site in Saint-Jérôme, Québec (“MTL-3”), which is under development and will support the 5MW colocation agreement with Cerebras Systems (“Cerebras”).”
- 5 MW · planned ·“(“Enovum”), it has secured the rights to a new data center site in Saint-Jérôme, Québec (“MTL-3”), which is under development and will support the previously announced 5MW colocation agreement with Cerebras Systems (“Cerebras”), a leader in generative AI infrastructure.”
- 5 MW · planned ·“(Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured the rights to a new data center site in Saint-Jérôme, Québec (“MTL-3”), which is under development and will support the previously announced 5MW colocation agreement with Cerebras Systems (“Cerebras”), a leader in generative AI infrastructure.”
site not named · BlöndUos, Iceland · 6 MW2 statements
- 6 MW ·“Our initial HPC data center partnership through which we lease capacity is at BlöndUos Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has 50kW rack density and 6MW total capacity.”
- 6 MW ·“Our initial HPC data center partnership through which we lease capacity is at BlöndUos Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has 50kW rack density and 6MW total capacity.”
site not named · Blönduós, Iceland · 6 MW gross6 statements
- 6 MW gross ·“WhiteFiber’s initial data center partnership through which it leases capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“WhiteFiber’s initial data center partnership through which it leases capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“WhiteFiber’s initial data center partnership through which it leases capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has 45kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has 45kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has 45kW rack density and 6 MW (gross) total capacity.”
MTL-2 · Montreal, Canada · 5 MW gross19 statements
- 5 MW gross ·“On December 27, 2024, WhiteFiber acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which it refers to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, its 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, WhiteFiber acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which it refers to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, its 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, WhiteFiber acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada, which it refers to as “MTL-2”.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, our 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center (“MTL-2”) expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease to MTL-1, a fully operational and fully leased to customers 4 MW (gross) Tier-3 data center headquartered in Montreal, Canada.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center (“MTL-2”) expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease to MTL-1, a fully operational and fully leased to customers 4 MW (gross) Tier-3 datacenter headquartered in Montreal, Canada.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center (“MTL-2”) expansion project near Montreal, Canada.”
- 4 MW · operational ·“The transaction included the lease to MTL-1, a fully operational and fully leased to customers 4 MW Tier-3 datacenter headquartered in Montreal, Canada.”
- 5 MW ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project near Montreal, Canada.”
- 5 MW ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project near Montreal, Canada.”
- 4 MW ·“Through Enovum, we lease and operate a 4MW AI data center located in Montreal, Canada (“MTL 1”).”
- 4 MW · operational ·“The transaction included the lease to MTL 1, a fully operational and fully leased to customers 4MW Tier-3 datacenter headquartered in Montreal, Canada.”
- 4 MW ·“Through Enovum, we lease and operate a 4MW AI data center located in Montreal, Canada (“MTL 1”).”
- 5 MW ·“On December 27, 2024, Bit Digital, Inc (the “Company”) through a wholly-owned Canadian subsidiary, Enovum Data Centers MTL II, L.P. acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada.”
- 5 MW ·“(Nasdaq: BTBT) (“Bit Digital” or the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada.”
site not named · Pointe-Claire, QC · 5 MW · planned1 statement
- 5 MW · planned ·“●On December 27, 2024, the Company acquired a 160,000 sq. ft. site in Pointe-Claire, QC for a planned 5MW Tier-3 data center expansion.”
site not named · Sydney, Australia · 2.5 MW IT load1 statement
- 2.5 MW IT load ·“In July 2026, WhiteFiber entered into a lease for 2.5 MW IT load Tier 3 design data center space in Sydney, Australia to expand our cloud services offering.”

Cipher7 sites

site not named · San Antonio, Texas · 900 MW · planned1 statement
- 900 MW · planned ·“•Secured option for new Apollo data center site with up to 900 MW near San Antonio, Texas”
Black Pearl · Wink, Texas · 300 MW5 statements
- 300 MW ·“Our Black Pearl data center is our wholly-owned 300 MW facility located in Wink, Texas.”
- 300 MW · planned ·“Additionally, we are developing a wholly-owned data center in Winkler County, TX (“Black Pearl” or the “Black Pearl Facility”) for up to 300 MW, and we expect to energize 300 MW in 2025.”
- 300 MW · planned ·“We are also developing an additional wholly-owned data center in Winkler County, TX (“Black Pearl” or the “Black Pearl Facility”) for up to 300 MW, and we expect to energize 300 MW in 2025.”
- 300 MW · planned ·“We are also developing an additional wholly-owned data center in Winkler County, TX (“Black Pearl” or the “Black Pearl Facility”) for up to 300 MW, and we expect to energize 300 MW in 2025.”
- 300 MW · planned ·“We are also developing an additional data center in Winkler County, TX (“Black Pearl” or the “Black Pearl Facility”) for up to 300 MW, and we expect to energize 150 MW in 2025.”
Odessa Facility · Odessa, Texas · 207 MW13 statements
- 207 MW ·“Our Odessa data center (the “Odessa Facility”) is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW · operational ·“Our largest operational data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest currently-operating data center is the Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 1,700 MW ·“Best-in-class operations: Cipher’s Odessa data center becomes first BTC mining site to receive certification for Management & Operations from the Uptime Institute Deep bench of hyperscaler approved sub-contractors Growth: Launch of HPC Infrastructure Business Large scale power interconnect (100’s of MWs per site) 100% uptime availability HPC ready Sites Team Capital Cipher Key Advantages CIPHER MINING CAN BECOME A MARKET-LEADING HPC INFRASTRUCTURE PROVIDER New Sites 1.7 GW”
- 207 MW ·“Our largest data center is the Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is the Odessa Facility which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is our Odessa data center (the “Odessa Facility”), which is our wholly-owned 207 MW facility located in Odessa, Texas.”
- 207 MW ·“Our largest data center is the Odessa Facility which is our wholly-owned 207 MW facility located in Odessa, Texas.”
Ulysses Site · place not stated · 200 MW1 statement
- 200 MW ·“In December 2025, we acquired a 200 MW data center site in Ohio, referred to as Ulysses (the “Ulysses Site”).”
Stingray · place not stated · 100 MW3 statements
- 100 MW ·“Completed acquisition of Stingray data center site, featuring 100 MW of front-of-the-meter capacity, all necessary regulatory approvals, and 250 acres of land adjacent to transmission assets”
- 100 MW ·“•Completed acquisition of 100 MW Stingray data center site”
- 100 MW ·“As part of the transaction to acquire a wholly-owned site in Texas (the “Stingray Facility”), the Company paid a deposit to Oncor of $4.2 million to construct infrastructure to energize the data center to be returned to the Company if the Stingray Facility uses 100 MW by May 15, 2027.”
Reveille · place not stated · 70 MW · planned4 statements
- 70 MW · planned ·“Completed acquisition of Reveille data center site, which includes approvals for 70 MW and potential to expand to 200 MW, with energization targeted for 2027”
- 70 MW ·“•Completed acquisition of 70 MW Reveille data center site, which may be expanded to 200 MW and is well-suited for both HPC or bitcoin mining data centers”
- 200 MW · planned ·““In addition to constructing the 300 MW facility at Black Pearl, we are on track to close the acquisition of our new Reveille data center site with up to 200 MW of capacity and are pleased to announce we have executed a term sheet for an option to acquire three new sites with a cumulative power capacity of 1.5 GW.”
- 200 MW · planned ·“Acquisition of Reveille data center site with up to 200 MW of capacity well-suited for HPC data centers expected to close soon”
Barber Lake · Colorado City, Texas · 56 MW · planned11 statements
- 56 MW · planned ·“Under the agreement, Cipher will deliver an additional 39 MW of critical IT load, supported by a maximum of 56 MW of additional gross capacity, at its Barber Lake site in Colorado City, Texas.”
- 168 MW critical IT load · planned ·“(“Fluidstack”), which provides for the development of a data center facility on, and lease to Fluidstack of, the Barber Lake Facility located near Colorado City, Texas on the terms and subject to the conditions contained therein. The Facility is expected to provide 168 megawatts (MW) of critical IT load for high-performance computing data center operations.”
- 244 MW gross · planned ·“Under the agreement, Cipher will deliver 168 MW of critical IT load, supported by a maximum of 244 MW of gross capacity, at its Barber Lake site in Colorado City, Texas.”
- 500 MW ·“Completed acquisition of additional 337 acres of land adjacent to Barber Lake site and entered into 60-day exclusivity for negotiations to build an additional 500 MW HPC data center adjacent to the current site”
- 500 MW ·“The Company also acquired 337 additional acres of land adjacent to its Barber Lake site, as well as entered into 60 days of exclusivity with Priority Power to negotiate building an additional 500 MW HPC data center adjacent to the current site.”
- 500 MW ·“•Entered into exclusivity with Priority Power to negotiate building an additional 500 MW HPC data center adjacent to the Barber Lake site”
- 300 MW ·“Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market”
- 300 MW ·“•Completed acquisition of 300 MW Barber Lake data center site”
- 300 MW ·“In September 2024, the Company purchased a site to develop another wholly-owned data center in Colorado City, TX (“Barber Lake” or the “Barber Lake Facility”) for up to 300 MW.”
- 300 MW ·“In September 2024, we also purchased a site where we plan to develop another wholly-owned data center in Colorado City, TX (“Barber Lake” or the “Barber Lake Facility”) for up to 300 MW.”
- 300 MW ·“In September 2024, we purchased the Barber Lake Facility, located in Colorado City, TX, where we plan to develop another wholly-owned data center for up to 300 MW.”

CleanSpark7 sites

site not named · Brazoria County, Texas · 300 MW · planned1 statement
- 300 MW · planned ·“On February 27, 2026, we acquired property in Brazoria County, Texas and secured a framework for approximately 300 megawatts for power capacity, with potential expansion to approximately 600 megawatts, to support the development of a next-generation data center campus.”
site not named · Austin County, Texas · 285 MW · planned4 statements
- 285 MW · planned ·“On October 27, 2025, we acquired property in Austin County, Texas and executed long-term power supply agreements totaling 285 megawatts to support the development of a next-generation data-center campus.”
- 285 MW · planned ·“Additionally, at the end of October 2025, we announced that we acquired rights to approximately 271 acres of land in Austin County, Texas and executed long-term power supply agreements totaling 285 megawatts to support the development of a next-generation data center campus.”
- 285 MW ·“On October 27, 2025, the Company acquired approximately 271 acres in Austin County, Texas, and executed long-term power agreements totaling 285 megawatts to support a new data center campus.”
- 285 MW · planned ·“On October 27, 2025, we acquired property in Austin County, Texas and executed long-term power supply agreements totaling 285 megawatts to support the development of a next-generation data-center campus.”
Sandersville AI Campus · Sandersville, Georgia · 175 MW14 statements
- 175 MW ·“On July 10, 2026, the Company entered into a 20-year triple-net infrastructure lease agreement (the “Sandersville Lease”), with two five-year extension options, with a leading global technology company for 175 MW of critical information technology load at newly acquired land located adjacent to the Company’s Sandersville, Georgia campus (the “Sandersville AI Campus”).”
- 175 MW ·“On July 10, 2026, we entered into the Sandersville Lease which is a 20-year triple-net infrastructure lease agreement with two five-year extension options, with a global technology company (the “Tenant”) for 175 MW of critical information technology load at our Sandersville, Georgia campus.”
- shared with other sites · planned ·“The Company has completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and the Company is currently finalizing the development of an additional 15 MW expansion at its Dalton, GA location.”
- shared with other sites · planned ·“We have completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and we are currently finalizing the development of an additional 15 MW expansion at our Dalton, GA location.”
- shared with other sites · planned ·“During his tenure at CleanSpark, Garrison has led the Company's explosive growth in Georgia, developing and managing cross-functional teams to build the company's immersion-cooled data center in Norcross, GA, the 50 MW expansion in Washington, GA, and the recent 150 MW expansion in Sandersville, GA.”
- shared with other sites · planned ·“The Company has completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service and the Company is currently finalizing the development of an additional 15 MW expansion at its Dalton, GA location.”
- shared with other sites · planned ·“We have completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and we are currently finalizing the development of an additional 15 MW expansion at our Dalton, GA locations.”
- 150 MW · planned ·“The Company is developing an additional 150 MW at its data center in Sandersville, GA.”
- 150 MW · planned ·“We are developing an additional 150 MW at our data center in Sandersville, GA.”
- 150 MW · planned ·“We are developing an additional 150 MW at our data center in Sandersville, GA, which is expected to energize in early 2024.”
- 150 MW · planned ·“We are developing an additional 150 MW at our data center in Sandersville, GA.”
- 150 MW · planned ·“The Company is developing an additional 150 MW at its data center in Sandersville, GA.”
- 150 MW · planned ·“The company is developing an additional 150 MW at its data center in Sandersville, GA.”
- 150 MW · planned ·“We are developing an additional 150 MW at our data center in Sandersville, GA.”
site not named · Massena, NY · 50 MW · ended8 statements
- 50 MW · ended ·“We had an independent data center operation in Massena, NY subject to a hosting agreement that operated 50 MW, which expired on December 31, 2024.”
- 50 MW · ended ·“We had an independent data center operation in Massena, NY subject to a hosting agreement that operated 50 MW, which expired on December 31, 2024.”
- 50 MW · ended ·“We had an independent data center operation in Massena, NY subject to a hosting agreement that operated 50 MW, which expired on December 31, 2024.”
- 50 MW · ended ·“We have an independent data center operation in Massena, NY subject to a hosting agreement that operated 50 MW, which expired on December 31, 2024.”
- 50 MW ·“We have an independent data center operation in Massena, NY that hosts 50 MW for us, which agreement will terminate on January 1, 2025.”
- 50 MW ·“An independent data center operation in Massena, NY, hosts 50 MW for the Company.”
- 50 MW ·“An independent data center operation in Massena, NY hosts 50 MW for us.”
- 50 MW ·“An independent data center operation in Massena, NY, hosts 50 MW for the Company.”
site not named · Whitfield County, Georgia · 15 MW · under construction1 statement
- 15 MW · under construction ·“(individually and collectively, the “Contractor”), for the construction of a 15 MW data center facility on Howell Drive, in Whitfield County, Georgia (the “Project”); and”
site not named · Dalton, GA · shared with other sites · planned4 statements
- shared with other sites · planned ·“The Company has completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and the Company is currently finalizing the development of an additional 15 MW expansion at its Dalton, GA location.”
- shared with other sites · planned ·“We have completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and we are currently finalizing the development of an additional 15 MW expansion at our Dalton, GA location.”
- shared with other sites · planned ·“The Company has completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service and the Company is currently finalizing the development of an additional 15 MW expansion at its Dalton, GA location.”
- shared with other sites · planned ·“We have completed an additional 50 MW of data center infrastructure in Sandersville, GA, which is pending the commissioning of a utility transformer before it goes into service, and we are currently finalizing the development of an additional 15 MW expansion at our Dalton, GA locations.”
site not named · Norcross, GA · shared with other sites · planned1 statement
- shared with other sites · planned ·“During his tenure at CleanSpark, Garrison has led the Company's explosive growth in Georgia, developing and managing cross-functional teams to build the company's immersion-cooled data center in Norcross, GA, the 50 MW expansion in Washington, GA, and the recent 150 MW expansion in Sandersville, GA.”

Constellation1 site

site not named · Freestone County, Texas · 380 MW3 statements
- 380 MW ·“In the first quarter of 2026, we signed a new 380 MW agreement with Dallas-based CyrusOne, a leading global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center, in Freestone County, Texas.”
- 380 MW ·“In February we signed a 380 MW agreement with Dallas-based CyrusOne, a leading global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center, in Freestone County, Texas.”
- 380 MW ·“In the first quarter of 2026, we signed a new 380 MW agreement with Dallas-based CyrusOne, a leading global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center, in Freestone County, Texas.”

Core Scientific7 sites

site not named · Muskogee, Oklahoma · 440 MW gross8 statements
- 440 MW gross ·“On May 5, 2026, the Company entered into an Agreement and Plan of Merger to acquire Polaris DS LLC, which owns an approximately 40-acre site adjacent to the Company's existing Muskogee, Oklahoma data center operations, which contains an electrical substation, and electric service agreements providing for up to 440 MW of gross utility power capacity.”
- 440 MW gross · planned ·“The acquisition will add approximately 40 additional acres adjacent to our existing data center operating in Muskogee, Oklahoma, and will provide up to 440 MW of gross utility power capacity.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- 1,500 MW gross ·“(Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced a multi-tiered strategy to scale its Muskogee, Oklahoma campus to approximately 1.5 gigawatt (“GW”) of gross power, or approximately 1.0 GW of leasable power.”
- 440 MW ·“At the time of closing of the Acquisition, the Target’s material assets and contracts will consist solely of approximately 40 acres of land (the “Premises”) adjacent to the Company’s existing Muskogee, Oklahoma data center operations, the electrical substation situated on the Premises, certain electrical service agreements with Oklahoma Gas and Electric Company (the “ESAs”) providing for up to 440 megawatts of continuous electricity to the Premises and other utility contracts servicing the Premises.”
- shared with other sites · planned ·“•Expanded the Company’s total gross power capacity pipeline to 4.5 GW, including planned 1.5 GW expansions at each of the Company’s Muskogee, Oklahoma and Pecos, Texas campuses.”
- shared with other sites ·“9 Estimated contracted high-density colocation MW by Site Delivery Plan TargetSite ~20 MWAustin, TX ~260 MWDenton, TX ~175 MWDalton, GA ~70 MWMuskogee, OK ~65 MWMarble, NC ~590 MWTotal Cumulative infrastructure delivery timeline … And a total of ~590 MW by early 2027 2026 250 MW ~590 MW~20 MW 2025”
Austin · Austin, Texas · 200 MW13 statements
- 200 MW ·“Following the commencement of operations in the Austin, Texas facility, on June 3, 2024, the Company entered into a series of long-term contracts with CoreWeave to deliver approximately 200 MW of infrastructure to host CoreWeave’s HPC operations, which will require the Company to modify multiple existing sites.”
- 20 MW ·“In February 2024, the Company entered into a lease agreement for a data center in Austin, Texas with a current operating capacity of 20 MW (the “Austin Lease”).”
- shared with other sites ·“9 Estimated contracted high-density colocation MW by Site Delivery Plan TargetSite ~20 MWAustin, TX ~260 MWDenton, TX ~175 MWDalton, GA ~70 MWMuskogee, OK ~65 MWMarble, NC ~590 MWTotal Cumulative infrastructure delivery timeline … And a total of ~590 MW by early 2027 2026 250 MW ~590 MW~20 MW 2025”
- 200 MW ·“Following the commencement of operations in the Austin, Texas facility, on June 3, 2024, the Company entered into a series of long-term contracts with CoreWeave to deliver approximately 200 MW of infrastructure to host CoreWeave’s HPC operations, which will require the Company to modify multiple existing sites.”
- 20 MW ·“In February 2024, the Company entered into a lease agreement for a data center in Austin, Texas with a current operating capacity of 20 MW (the “Austin Lease”).”
- 200 MW ·“Following the commencement of operations in the Austin, Texas facility, on June 3, 2024, the Company entered into a series of long-term contracts with CoreWeave to deliver approximately 200 MW of infrastructure to host CoreWeave’s HPC operations, which will require the Company to modify multiple existing sites.”
- 16 MW ·“For example, in February 2024, we entered into a multi-year lease agreement for a data center in Austin, Texas, to provide hosting services for CoreWeave with up to 16 MW of data center infrastructure in support of its GPU cloud compute workloads.”
- 382 MW ·““Key achievements in and after the quarter include successfully navigating the April halving and emerging with favorable quarterly cash cost to mine of approximately $29,900 per bitcoin, converting $260 million in convertible notes during and shortly after the end of the quarter, commencing HPC hosting operations and revenue generation at our 16-megawatt Austin data center, and signing long-term contracts to host 382 megawatts of high-performance computing with our current client.”
- 16 MW ·“For example, in February 2024, we entered into a multi-year lease agreement for a data center in Austin, Texas, to perform colocation hosting services for CoreWeave to supply up to 16 MW of data center infrastructure in support of its GPU cloud compute workloads.”
- 12 MW ·“For example, in February 2024, we entered into a multi-year lease agreement for a data center in Austin, Texas with a current operating capacity of 12 MW (the “Austin Lease”) within which to perform colocation hosting services for CoreWeave, Inc. to supply up to 16 MW of data center infrastructure to support its GPU cloud compute workloads.”
- 16 MW · planned ·“Under the terms of the contract, Core Scientific will deliver up to 16 MW of capacity at its new Austin, Texas data center to host CoreWeave, Inc.’s infrastructure.”
- 12 MW ·“In February 2024, the Company entered into a lease agreement for a data center in Austin, Texas with a current operating capacity of 12 MW (the “Austin Lease”).”
- 16 MW ·“Benefits to Core Scientific CoreWeave Contract Highlights • Hosted GPUs from 2019 to 2022 • More than 300 MW of infrastructure near large cities – low latency • Majority of data center operations team and its leaders come from the data center industry • Upgrading Austin, TX data center formerly housing HP • Providing up to 16 MW infrastructure • Total revenue more than $100 million over multi-year period • Stable, recurring cash flow • Diversifies customer base and revenue mix • Further differentiates Core Scientific business model from bitcoin mining peers”
site not named · Auburn, AL · shared with other sites2 statements
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
site not named · Dalton, GA · shared with other sites1 statement
- shared with other sites ·“9 Estimated contracted high-density colocation MW by Site Delivery Plan TargetSite ~20 MWAustin, TX ~260 MWDenton, TX ~175 MWDalton, GA ~70 MWMuskogee, OK ~65 MWMarble, NC ~590 MWTotal Cumulative infrastructure delivery timeline … And a total of ~590 MW by early 2027 2026 250 MW ~590 MW~20 MW 2025”
site not named · Denton, TX · shared with other sites3 statements
- shared with other sites ·“9 Estimated contracted high-density colocation MW by Site Delivery Plan TargetSite ~20 MWAustin, TX ~260 MWDenton, TX ~175 MWDalton, GA ~70 MWMuskogee, OK ~65 MWMarble, NC ~590 MWTotal Cumulative infrastructure delivery timeline … And a total of ~590 MW by early 2027 2026 250 MW ~590 MW~20 MW 2025”
- 72 MW · planned ·“7 2024 snapshot Operational (Q2) Financial (Q2) • Signed aggregate 382 MW HPC hosting contracts with anticipated potential revenue of $6.7 billion over 12-year contracts • Secured Block 3nm ASIC supply for up to 15 EH/s hash rate • Earned 1,680 bitcoin • Operated 19.4 EH/s self- mining hash rate • Added 72 MW of infrastructure at Denton, TX data center • $141 million revenue • $804.9 million net loss, mainly driven by non-cash adjustments • $46 million adjusted EBITDA • $260 million of debt removed from balance sheet through third quarter Strategic (YTD)”
- 72 MW · operational ·“•Additional 72 megawatts of infrastructure completed at Denton, Texas data center, expanding operational infrastructure to approximately 830 megawatts”
site not named · Marble, NC · shared with other sites1 statement
- shared with other sites ·“9 Estimated contracted high-density colocation MW by Site Delivery Plan TargetSite ~20 MWAustin, TX ~260 MWDenton, TX ~175 MWDalton, GA ~70 MWMuskogee, OK ~65 MWMarble, NC ~590 MWTotal Cumulative infrastructure delivery timeline … And a total of ~590 MW by early 2027 2026 250 MW ~590 MW~20 MW 2025”
Pecos · Pecos, TX · shared with other sites6 statements
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites ·“(“AMD”) for an aggregate of 377 MW of critical IT capacity at the Company’s Pecos, TX; Muskogee, OK; and Hunt County, TX sites; and Lease Agreements (the “Neocloud Leases,” and collectively with the AMD Leases, the “Leases”) with a Neocloud (“Neocloud”), for 152 MW of critical IT capacity at the Company’s Auburn, AL and Dalton Phase 3, GA sites.”
- shared with other sites · planned ·“•Expanded the Company’s total gross power capacity pipeline to 4.5 GW, including planned 1.5 GW expansions at each of the Company’s Muskogee, Oklahoma and Pecos, Texas campuses.”
- 300 MW ·“Advancing our commitments New major power contract and site in top US market Announced an agreement to expand into Hunt County, Texas, adding ~285 MW of customer leasable capacity One or more new power contract(s) at existing site(s) Increased customer leasable capacity by ~300 MW at Dalton and Pecos data center sites Additional details on scalable financing approach Evaluating a number of financing options to support our broader capital formation strategy Signing of at least one new colocation customer Multiple sites under exclusivity, confident in signing a deal in the near future 8”

CoreWeave2 sites

site not named · Kenilworth, NJ · 250 MW · planned1 statement
- 250 MW · planned ·“•Developing, as part of a joint venture, a new data center campus in Kenilworth, NJ, with capacity of up to 250MW.”
site not named · Lancaster, Pennsylvania · 100 MW · planned1 statement
- 100 MW · planned ·“◦Announced intent to commit up to $6 billion to equip a state-of-the-art data center in Lancaster, Pennsylvania, with an initial 100 MW of capacity and expansion potential to 300 MW”

Digital Realty2 sites

site not named · Richardson, Texas · 100 MW · planned2 statements
- 100 MW · planned ·“As previously disclosed, during the quarter, Digital Realty closed on the acquisition of a 6.7-acre parcel in Richardson, Texas, adjacent to its existing campus, for approximately $15 million, which can support the development of up to 100 megawatts of incremental IT capacity.”
- 80 MW · planned ·“Subsequent to quarter end, Digital Realty closed on the acquisition of a 6.7-acre parcel in Richardson, Texas, adjacent to Digital Realty’s existing campus, for approximately $15 million to support the development of more than 80 megawatts of incremental IT capacity.”
Franklin Park · place not stated · 40 MW · planned1 statement
- 40 MW · planned ·“Additionally, Digital Realty acquired two land parcels near its Franklin Park campus for approximately $18 million that, together with previously acquired land parcels, are expected to support over 40 megawatts of incremental IT capacity in the Chicago metro area.”

Galaxy3 sites

Helios · place not stated · 1,600 MW gross51 statements
- 1,600 MW gross ·“In total, the Electric Reliability Council of Texas (“ERCOT”) has approved over 1.6 gigawatts (“GW”) of gross power capacity at our Helios campus.”
- 133 MW critical IT load ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, has developed the first 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave, Inc.”
- 1,630 MW · planned ·“Galaxy’s Flagship Campus 1,630 MW Total Approved Power Capacity 2,200+ Acres Campus Acreage Note: Campus acreage represents contiguous land under Galaxy’s direct control. 3,600+ MW Total Potential Power Capacity Galaxy’s Helios Data Center campus, April 2026.”
- 1,600 MW ·“Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-”
- 900 MW ·“Galaxy’s 345 kV substation Our privately owned 345 kV grid connected substation at the Helios campus supporting up to 900 MW of transformer capacity across various phases of the project. 2.”
- 1,600 MW gross ·“In total, the Electric Reliability Council of Texas (“ERCOT”) has approved over 1.6 gigawatts (“GW”) of gross power capacity at our Helios campus.”
- 830 MW power capacity ·“•Galaxy received ERCOT approval for an additional 830 megawatts of power capacity at the Helios campus, doubling total approved capacity to over 1.6 GWs.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing the first 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave, Inc.”
- 1,630 MW · planned ·“Helios Data Center Campus 1,630 MW Total Approved Power Capacity 1,500+ Acres Campus Acreage Note: Campus acreage represents contiguous land under Galaxy’s direct control. 3,400+ MW Total Potential Power Capacity Galaxy’s Helios Data Center campus, April 2026.”
- 1,600 MW ·“Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-”
- 900 MW ·“Galaxy’s 345 kV substation Our privately owned 345 kV grid connected substation at the Helios campus supporting up to 900 MW of transformer capacity across various phases of the project. 2.”
- 1,600 MW gross ·“In total, the Electric Reliability Council of Texas (“ERCOT”) has approved over 1.6 gigawatts (“GW”) of gross power capacity at our Helios campus.”
- 1,600 MW ·“Prior to 2025, we had six main power transformers installed at our project substation, enabling us to deliver the full 800 MW of high-voltage capacity for which we are already fully approved from ERCOT, and in January 2026, we received ERCOT approval for an additional 830 MW, doubling the total approved power capacity at the Helios campus to over 1.6 GW.”
- 1,600 MW gross ·“In total, the Electric Reliability Council of Texas (“ERCOT”) has approved over 1.6 gigawatts (“GW”) of gross power capacity at our Helios campus.”
- 526 MW critical IT load · planned ·“Together, the Phase II Lease and the Phase III Lease are expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 526 MW of critical IT load by 2028.”
- 526 MW critical IT load · planned ·“•In August 2025 and January 2026, Galaxy and CoreWeave entered into the Phase II Lease and Phase III Lease, respectively, which together are expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 526 MW of critical IT load by 2028.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing the first 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave, Inc.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing the first 133 MW of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave under a 15-year lease agreement (the “Lease Agreement”) entered into in April 2025.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing the first 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave, Inc.”
- 1,600 MW ·“Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-”
- 900 MW ·“Galaxy’s 345 kV substation Our privately owned 345 kV grid connected substation at the Helios campus supporting up to 900 MW of transformer capacity across various phases of the project. 2.”
- 526 MW critical IT load · planned ·“Together, the Phase II Lease Agreement and the Phase III Option Agreement are expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 526 MW of critical IT load by 2028.”
- 526 MW critical IT load · planned ·“•In August 2025, Galaxy and CoreWeave entered into the Phase II Lease Agreement and the Phase III Option Agreement, which together are expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 526 MW of critical IT load by 2028.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave.”
- 800 MW ·“Our 800 MW Helios campus in Texas, which has an additional 2.7 GW of power under study, positions Galaxy among the largest and fastest-growing data center developments in North America.”
- 800 MW ·“Our 800 MW Helios campus in Texas, which has an additional 2.7 GW of power under study, positions Galaxy among the largest and fastest-growing data center developments in North America.”
- 900 MW ·“Galaxy’s 345 kV substation Our privately owned 345 kV grid connected substation at the Helios campus supporting up to 900 MW of transformer capacity across various phases of the project. 2.”
- 800 MW ·“Our 800 MW Helios campus in Texas, which has an additional”
- 800 MW · under construction ·“Helios Data Center Campus 800 MW Approved and Committed Power Capacity 1,500 Acres Campus Acreage Galaxy’s Helios Data Center campus under construction for Phase I, September 2025.”
- 800 MW ·“Our 800 MW Helios campus in Texas, which has an additional 2.7 GW of power under study, positions Galaxy among the largest and fastest-growing data center developments in North America.”
- 133 MW critical IT load ·“Galaxy intends to use the proceeds from the Investment for general corporate purposes and to power the buildout of its Helios data center campus, which remains on schedule to deliver 133 MW of critical IT load in the first half of 2026 as part of its Phase One lease agreement.”
- 3,500 MW · planned ·“control and will have increased the total potential power capacity at the Helios campus to 3.5 GW.”
- 1,000 MW ·“acres of land and a 1 gigawatt (“GW”) load interconnection request adjacent to the Helios campus.”
- 1,000 MW ·“of land and a 1 GW load interconnection request adjacent to the Helios campus.”
- 600 MW gross · planned ·“ERCOT has also approved an additional 600 MW of gross power capacity at our Helios campus, which will support the committed incremental 393 MW under the Phase II and Phase III Option Agreements with CoreWeave, and is expected to be delivered starting in 2027.”
- 526 MW critical IT load · planned ·“Together, the Phase II Option Agreement and the Phase II Option Agreement, are expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 526 MW of critical IT load by 2028.”
- 260 MW critical IT load · planned ·“In April 2025, Galaxy and CoreWeave entered into the Phase II Option Agreement under which CoreWeave has committed to enter into a lease agreement for the uptake of an additional 260 MW of critical IT load at the Helios campus starting in 2027.”
- 200 MW gross ·“•In March 2025, Galaxy entered into a 15-year agreement (the “Lease Agreement”) with CoreWeave to host its high-performance computing and artificial intelligence infrastructure and deliver 133 MW of critical IT load, utilizing 200 MW of gross power capacity, at its Helios data center campus in the panhandle region of West Texas.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing 133 MW of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave Inc.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave.”
- 133 MW critical IT load · planned ·“In August 2025, Galaxy and CoreWeave entered into the Phase III Option Agreement under which CoreWeave has committed to enter into a lease agreement for the uptake of an additional 133 MW of critical IT load at the Helios campus starting in 2028.”
- 133 MW ·“additional 133 MW of incremental critical IT load for its AI and HPC operations at Galaxy's Helios data center”
- 600 MW gross · planned ·“We have also received approval from ERCOT for an additional 600 MW of gross power capacity at our Helios campus, which will support the committed incremental 260 MW under the Phase II Option Agreement with CoreWeave, and is expected to be delivered starting in 2027.”
- 393 MW critical IT load · planned ·“In April 2025, CoreWeave exercised and entered into its first option with Galaxy pursuant to a Phase II option agreement (the “Phase II Option Agreement”), under which CoreWeave committed to enter into a lease agreement for the uptake of an additional 260 MW of incremental critical IT load, which is expected to increase CoreWeave’s contracted capacity at the Helios data center campus to 393 MW of critical IT load by 2027.”
- 260 MW critical IT load · planned ·“On April 1, 2025, a subsidiary of GDH LP and CoreWeave, Inc. entered into a phase II option agreement pursuant to the existing lease agreement between the parties, under which CoreWeave has committed to enter into a lease agreement for the uptake of additional 260 MW of critical IT load at the Helios campus on substantially similar economic terms as the phase I lease agreement executed in March 2025.”
- 260 MW critical IT load · planned ·“In April 2025, Galaxy and CoreWeave entered into the Phase II Option Agreement under which CoreWeave has committed to enter into a lease agreement for the uptake of an additional 260 MW of critical IT load at the Helios campus starting in 2027.”
- 260 MW critical IT load · planned ·“In April 2025, CoreWeave exercised its first option with Galaxy, and Galaxy and CoreWeave entered into the Phase II Option Agreement, under which CoreWeave has committed to enter into a lease agreement for the uptake of an additional 260 MW of critical IT load at the Helios campus starting in 2027.”
- 200 MW gross ·“•In March 2025, Galaxy entered into a 15-year agreement (the “Lease Agreement”) with CoreWeave to host its high-performance computing and artificial intelligence infrastructure and deliver 133 MW of critical IT load, utilizing 200 MW of gross power capacity, at its Helios data center campus in the panhandle region of West Texas.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing 133 megawatts (“MW”) of critical IT load, utilizing approximately 200 MW of gross power capacity, for CoreWeave.”
- 133 MW critical IT load · planned ·“As part of the agreement, Galaxy will deliver 133 MW of critical IT load to host CoreWeave’s AI and HPC infrastructure at our Helios data center campus.”
- 133 MW critical IT load · planned ·“Galaxy’s Helios data center campus, located in the panhandle region of West Texas, is developing 133 MW of critical IT load, utilizing approximately 200 MW”
site not named · Dickens County, Texas · 260 MW critical IT load · under construction1 statement
- 260 MW critical IT load · under construction ·“The Issuer intends to use the net proceeds from this Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas and to fund debt service reserves.”
Merlin · place not stated · 74 MW1 statement
- 74 MW ·“Park for its Merlin campus, securing an initial agreement to support 74 MW of capacity, with”

Hut 89 sites

Beacon Point · Nueces County, Texas · 1,000 MW · under construction6 statements
- 1,000 MW · under construction ·“Under Construction to 1,330 MW, comprising 330 MW at the River Bend campus and 1,000 MW at the Beacon Point campus.”
- 704 MW ·“The second lease fully contracts the Beacon Point campus, bringing Beacon Point’s total contracted critical IT capacity to 704 MW (approximately 1 GW utility capacity).”
- 352 MW critical IT load · under construction ·“The proceeds are being used to (1) finance the development and construction of a 352 MW critical IT capacity data center and related substation infrastructure at the Company’s Beacon Point site in Nueces County, Texas, (2) fund the debt service reserves, and (3) pay fees and expenses of the offering.”
- 352 MW critical IT load · under construction ·“In June 2026, our wholly owned subsidiary, Beacon Point DC LLC (“Beacon Point DC”), issued $4.25 billion in aggregate principal amount of Senior Secured Notes due 2042 (the “Beacon Point Notes”), bearing interest at 6.129% per annum, to finance the development and construction of Beacon Point Phase 1 in Nueces County, Texas, comprising 352 MW of critical IT capacity.”
- 352 MW critical IT load · planned ·“Net proceeds from the offering are being used to fund the development of our Beacon Point campus, including a turnkey data center with 352 megawatts of critical IT capacity supported by 500 megawatts of utility capacity and an associated substation, and fund debt service reserves and transaction costs.”
- 1,000 MW ·“The Beacon Point campus is designed for scalability, with approvals for up to 1,000 MW of utility capacity.”
River Bend · place not stated · 330 MW · under construction13 statements
- 330 MW · under construction ·“Under Construction to 1,330 MW, comprising 330 MW at the River Bend campus and 1,000 MW at the Beacon Point campus.”
- 245 MW critical IT load · under construction ·“The proceeds are being used to (1) finance a portion of the development and construction of a 245 MW critical IT capacity data center and related substation infrastructure at the Company’s River Bend site in St.”
- 245 MW critical IT load · planned ·“Net proceeds from the offering are being used to fund the development of our River Bend campus, including a turnkey data center with 245 megawatts of critical IT capacity supported by 330 megawatts of utility capacity and an associated substation, reimburse prior equity contributions, and fund debt service reserves and transaction costs.”
- 330 MW · planned ·“Proceeds will be used to fund the development of a turnkey data center with 245 megawatts of critical IT capacity supported by 330 megawatts of utility capacity, and associated substation at the River Bend campus, reimburse prior equity contributions, and cover debt service reserves and transaction costs.”
- 245 MW critical IT load · under construction ·“The Issuer intends to use the proceeds from the Offering to (i) finance a portion of the development and construction of a turnkey data center with 245 megawatts of critical IT capacity and the related substation at the Company's River Bend campus located in St.”
- 1,000 MW · planned ·“LLC, 1,000 MW of potential expansion capacity at the Company’s River Bend campus, and the Company’s future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information.”
- 330 MW · planned ·“We are currently developing an AI data center at our River Bend campus in Louisiana. The project will commercialize 330 MW of utility capacity and is targeted for initial delivery and commissioning in Q2 2027.”
- 245 MW IT capacity · planned ·“Our River Bend campus in Louisiana exemplifies the execution of our power-first development model. The campus was initially commercialized in December 2025 through a 15-year triple-net lease supporting 245 MW of IT capacity.”
- 245 MW ·“For example, we recently entered into a 15-year, 245 MW IT build to suit data center lease at our River Bend campus.”
- 245 MW ·“For example, we recently entered into a 15-year, 245 MW IT lease at our River Bend campus valued at $7.0 billion over the base term and up to $17.7 billion if all renewal options are exercised.”
- 245 MW IT capacity ·“As part of the partnership, we entered into a 15-year, triple-net lease with Fluidstack for 245 MW of AI data center IT capacity at our River Bend campus (“River Bend”) in Louisiana. The agreement grants Fluidstack a Right of First Offer for up to an additional 1,000 MW of IT capacity at future expansion phases of campus, subject to the expansion of power at the site.”
- 245 MW ·“-Commercialized AI infrastructure at scale, signing a 15-year, 245 MW IT lease with Fluidstack at the River Bend campus, representing $7.0 billion in base-term contract value.”
- 300 MW · planned ·“In February 2025, we secured 592 acres in Louisiana for our new River Bend campus, which is expected to support a 300 MW utility-scale power asset with 200 MW of dedicated IT load. This site is one of three included in our previously disclosed 430 MW AI data center development pipeline.”
site not named · West Feliciana Parish, Louisiana · 330 MW1 statement
- 330 MW ·“-Advanced construction at River Bend, the Company’s 330 MW AI data center campus in West Feliciana Parish, Louisiana.”
Drumheller · place not stated · 42 MW · operational1 statement
- 42 MW · operational ·“-Recommissioned the Drumheller facility, deploying 42 MW of previously non-operational capacity into ASIC Colocation capacity and expanding the Company's revenue-generating infrastructure footprint.”
site not named · Kelowna, BC · 1.1 MW7 statements
- 1.1 MW ·“Kelowna 100% Kelowna, BC Grid (utility tariff) Cloud and colocation 1.1 MW”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- 1.1 MW ·“Kelowna 100% Kelowna, BC Grid (utility tariff) HPC 1.1 MW”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our HPC business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
site not named · Toronto, ON · 0.9 MW4 statements
- 0.9 MW ·“Mississauga 100% Toronto, ON Grid (utility tariff) Cloud and colocation 0.9 MW”
- 0.6 MW ·“Vaughan 100% Toronto, ON Grid (utility tariff) Cloud and colocation 0.6 MW”
- 0.9 MW ·“Mississauga 100% Toronto, ON Grid (utility tariff) HPC 0.9 MW”
- 0.6 MW ·“Vaughan 100% Toronto, ON Grid (utility tariff) HPC 0.6 MW”
site not named · Vancouver, BC · 0.5 MW9 statements
- 0.5 MW ·“Vancouver II 100% Vancouver, BC Grid (utility tariff) Cloud and colocation 0.5 MW”
- 0.3 MW ·“Vancouver I 100% Vancouver, BC Grid (utility tariff) Cloud and colocation 0.3 MW”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- 0.5 MW ·“Vancouver II 100% Vancouver, BC Grid (utility tariff) HPC 0.5 MW”
- 0.3 MW ·“Vancouver I 100% Vancouver, BC Grid (utility tariff) HPC 0.3 MW”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our HPC business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
site not named · Mississauga, Ontario · shared with other sites5 statements
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our HPC business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
site not named · Vaughan, Ontario · shared with other sites5 statements
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our CPU Colocation business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”
- shared with other sites ·“Our HPC business spans five locations in Canada (Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British Columbia) with a total energy capacity of 3 MW and more than 36,000 square feet of geo-diverse data center space powered by predominantly emission-free energy sources.”

IREN4 sites

Sweetwater · place not stated · 1,400 MW3 statements
- 1,400 MW ·“Prepayments and other assets paid included a $13.5 million payment relating to connection deposits paid in connection with the 1,400MW Sweetwater data center site and an additional $3.6 million electricity security deposit paid in relation to security deposits in relation to the Mackenzie site.”
- 1,400 MW ·“Prepayments and deposits paid included a $12.2 million payment relating to connection deposits paid in connection with the 1,400MW Sweetwater data center site and an additional $5.5 million electricity security deposit paid in relation to security deposits in relation to the Mackenzie site.”
- 1,400 MW ·“Prepayments and deposits paid included a $12.2 million payment relating to connection deposits paid in connection with the 1,400MW Sweetwater data center site and an additional $5.5 million electricity security deposit paid in relation to security deposits in relation to the Mackenzie site.”
Childress · Childress, Texas · 150 MW · planned8 statements
- 150 MW · planned ·“The transition also includes the development of 150MW of additional direct-to-chip liquid cooling data centers at the Childress campus (Horizons 5 and 6).”
- 750 MW · planned ·“IMMEDIATE EXPANSION POTENTIAL Advancing design workstreams for potential conversion of entire 750MW Childress campus to liquid-cooled AI deployments 450MW additional capacity available Rendering of Project Horizon concept – liquid cooling transformation of Childress (750MW) 6 750MW Available Power Childress Texas Horizon 5 - 10 (450MW) Horizon 1 - 4 (300MW)”
- 750 MW · planned ·“The GPUs are expected to be deployed in phases through 2026 at IREN’s 750MW Childress, Texas campus, in conjunction with the delivery of new liquid-cooled data centers that will collectively support 200MW of critical IT load (Horizon 1–4).”
- 50 MW IT load · planned ·“As part of our diversification efforts into HPC and AI services, on February 12, 2025 we announced that we are developing an up to 50 MW IT load direct-to-chip liquid cooled data center at our Childress site in Texas known as “Horizon 1”, targeting energization by the end of calendar year 2025.”
- 1,000 MW · planned ·“In addition to our four operating sites (three in BC, Canada and one in Childress, Texas) and our development site in the West region of Texas, we have conditional and unconditional rights to a number of additional sites across Canada, the U.S. and Asia-Pacific, over which we are currently pursuing development activities and which have the potential to support up to an additional 1GW or more of aggregate data center capacity capable of powering growth beyond our 2,310MW of announced potential power capacity.”
- 750 MW · planned ·“We believe we have the ability to further grow our data center capacity at our Childress site up to the total potential site capacity of 750MW in the future.”
- 1,000 MW · planned ·“In addition to our first three sites in BC and our initial site in Childress, Texas, we have conditional and unconditional rights to a number of additional sites across Canada, the U.S. and Asia-Pacific, over which we are currently pursuing development activities and which have the potential to support up to an additional 1GW or more of aggregate data center capacity capable of powering growth beyond our 760MW of announced potential power capacity.”
- 100 MW · planned ·“In June 2023, we announced that construction of the remaining 80MW of data centers for Childress Phase 1 (first 100MW) at our Childress site (total potential power capacity of 600MW) is underway.”
Mackenzie · place not stated · 80 MW1 statement
- 80 MW ·“Our 80MW Mackenzie site has been operating since April 2022 and, as of December 31, 2025, had approximately 80MW of data center capacity and hashrate capacity of approximately 4.4 EH/s, down from 5.2 EH/s following GPU retrofitting at our Mackenzie site in connection with the Group’s strategic focus on expanding its AI Cloud Services.”
Prince George · place not stated · 50 MW1 statement
- 50 MW ·“Our 50MW Prince George site has been operating since September 2022 and, as of December 31, 2025, had approximately 50MW of data center capacity.”

MARA5 sites

site not named · Hansford County, Texas · 240 MW1 statement
- 240 MW ·“•We acquired a wind farm in Hansford County, Texas, with 240 MW of interconnection capacity and 114 MW of nameplate wind capacity to establish a behind-the-meter data center at low energy costs.”
site not named · Findlay, Ohio · 150 MW · planned4 statements
- 150 MW · planned ·“In addition to the acquired data centers, we began developing a 150 MW greenfield operational data center in Findlay, Ohio.”
- shared with other sites · operational ·“•Hannibal, Hopedale, and Findlay, OH: In November 2024, we acquired two operational data centers with 222 MW of interconnect-approved capacity.”
- 150 MW · planned ·“In addition to the acquired data centers, we began developing a 150 MW greenfield operational data center in Findlay, Ohio.”
- shared with other sites · operational ·“Hannibal, Hopedale, and Findlay, OH: In November 2024, we acquired two operational data centers with 222 MW of interconnect-approved capacity.”
site not named · Garden City, Texas · shared with other sites · operational1 statement
- shared with other sites · operational ·“•We acquired five operational data centers, totaling 812 megawatts (“MW”) of nameplate capacity, in Granbury and Garden City, Texas, Kearney, Nebraska, and Hannibal and Hopedale, Ohio.”
site not named · Hopedale, Ohio · shared with other sites · operational3 statements
- shared with other sites · operational ·“•We acquired five operational data centers, totaling 812 megawatts (“MW”) of nameplate capacity, in Granbury and Garden City, Texas, Kearney, Nebraska, and Hannibal and Hopedale, Ohio.”
- shared with other sites · operational ·“Yesterday, we announced the acquisition of two operational data centers in Hannibal and Hopedale, Ohio, with 222 megawatts of interconnect-approved capacity.”
- shared with other sites · operational ·“On November 5, 2024, the Company acquired two operational data centers located in Hannibal and Hopedale, Ohio, with 222 megawatts of interconnect-approved capacity.”
site not named · Kearney, Nebraska · shared with other sites · operational1 statement
- shared with other sites · operational ·“•We acquired five operational data centers, totaling 812 megawatts (“MW”) of nameplate capacity, in Granbury and Garden City, Texas, Kearney, Nebraska, and Hannibal and Hopedale, Ohio.”

NVIDIA1 site

site not named · Pike County, Ohio · 4,250 MW IT load2 statements
- 4,250 MW IT load ·“(SB Energy) on behalf of a customer, an affiliate of OpenAI Group PBC (OpenAI), related to leases for approximately 4.25 gigawatts of IT load in the aggregate at SB Energy’s PORTS Technology Campus in Pike County, Ohio.”
- 4,250 MW IT load ·“In August 2026, we entered into guarantees with SB Energy Corp. to provide credit support on the land, power, and shell buildout at SB Energy’s PORTS Technology Campus in Pike County, Ohio, covering leases for approximately 4.25 gigawatts of IT load.”

Riot2 sites

Corsicana · Navarro County, Texas · 756 MW · planned4 statements
- 756 MW · planned ·“Corsicana core & shell development has commenced and is on-schedule Prospective Corsicana data center campus UP TO 756 MW TOTAL IT CAPACITY Planned at Corsicana across 4.5 buildings (168 MW IT Capacity per Building) Conceptual rendering of 168 MW building 1 PHAS E 1 PHASE 3 PHASE 2”
- 400 MW · planned ·“Our other large-scale data center located in Navarro County, Texas (the “Corsicana Facility”), currently has 400 MW of developed capacity and, upon completion, is expected to have a total of approximately one gigawatt (“GW”) of developed capacity available for data center workloads.”
- 1,000 MW ·“Final 3.8-acre parcel to assemble the 67-acre parcel referenced is under contract and scheduled to close November 18th, 2025. 67 Acre Parcel In September 2025, Riot entered a contract to acquire an additional 67-acre parcel contiguous with the existing 265-acre Corsicana site for $40 million1 ✓ No easements required to bring existing power and water to the parcel ✓ Located entirely outside of the flood plain ✓ Ensures full deployment of 1.0 GW of utility load on Riot-owned land Corsicana data center campus conceptual rendering”
- 112 MW · planned ·““This progress has culminated in announcing today the initiation of the core and shell development of the first two buildings at our Corsicana data center campus, representing 112 MW of total critical IT capacity.”
Rockdale · place not stated · 191 MW critical IT load · planned3 statements
- 191 MW critical IT load · planned ·“Executed 20-year data center lease with a leading frontier AI lab for 191 MW of critical IT capacity at Riot’s Rockdale campus, expected to generate approximately $9.1 billion in total contract revenue over the initial term”
- 191 MW critical IT load ·“Subsequent to quarter end, Riot announced the execution of a Data Center Lease and Services Agreement (the “Data Center Lease”) with one of the world’s leading frontier AI labs, for 191 MW of critical IT capacity at Riot’s Rockdale campus.”
- 191 MW critical IT load ·“•Capacity Leased: 191 MW critical IT build-to-suit Tier 3 data center at Riot’s Rockdale campus.”

Supermicro1 site

site not named · Vernon, California · 21 MW9 statements
- 21 MW ·“In June 2024, we entered into a lease agreement for a 21 MW data center colocation space located in Vernon, California (the “Data Center Space”) that will expire on September 30, 2035.”
- 21 MW ·“In June 2024, we entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on September 30, 2035.”
- 21 MW ·“In June 2024, we entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on September 30, 2035.”
- 21 MW ·“In June 2024, we entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on September 30, 2035.”
- 21 MW ·“In June 2024, we entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on October 31, 2035.”
- 21 MW ·“In June 2024, the Company entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”), with a lease term expiring on August 31, 2035. The lease agreement consists of five tranches, with the first tranche of 6 MW having commenced on January 24, 2025.”
- 21 MW ·“In June 2024, the Company entered into a lease agreement for a 21 megawatt data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on August 31, 2035.”
- 21 MW ·“In June 2024, the Company entered into a lease agreement for a 21 megawatt data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on August 31, 2035.”
- 21 MW ·“In June 2024, the Company entered into a lease agreement for a 21 megawatt data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on August 31, 2035.”

TeraWulf6 sites

site not named · Grayson, KY · 1,000 MW · planned1 statement
- 1,000 MW · planned ·“MUSKIE DATA: NEXT PHASE OF PLATFORM GROWTH Grayson, KY | 1,000 MW Campus in PJM ➢ 1+ GW Eastern Kentucky AI / HPC development campus ➢ Within EastPark Industrial Park with ~300 owned / controlled acres ➢ Initial 500 MW ramp targeted for Q4 2028 ➢ Second 500 MW phase targeted for 2030 ➢ 345 kV substation tied to existing 765 kV transmission network SITE OVERVIEW 1 GW+ UTILITY POWER 345 / 765 kV TRANSMISSION BACKBONE Q4 2028 INITIAL RAMP TARGET APPENDIX *Located within proximity to major Midwest and Southeast metros 18”
Cayuga Site · Lansing, New York · 400 MW gross · planned4 statements
- 400 MW gross · planned ·“In addition, the Company holds a long‑term ground lease in Lansing, New York (the “Cayuga Site”), which, upon completion of permitting and site development, has the potential to support up to 400 MW of gross capacity, representing approximately 320 MW of contractual critical IT load.”
- 400 MW gross · planned ·“The Company holds a long‑term ground lease in Lansing, New York which, upon completion of permitting and site development, has the potential to support up to 400 MW of gross capacity, representing approximately 320 MW of contractual critical IT load.”
- 400 MW ·“2025 Highlights: Disciplined Growth & Consistent Execution x WULF Den began recording revenue in July x CB - 1 will begin recording revenue mid - August x CB - 2 on track for Q4 delivery x 10 - year, $3.7Bn hyperscale lease with Fluidstack x Google backstops $1.8Bn of Fluidstack’s lease obligations x Cayuga site unlocks 400 MW of scalable HPC capacity Deliver Core42 Capacity Secure Next HPC Tenant & Finance Build Expand HPC Pipeline 5”
- 400 MW · planned ·“Team Led Successful Interconnection, Permitting, Construction and Operation at Every Site • Cayuga (Lake Hawkeye) • Lansing, NY • Development of 400 MW data center campus 8”
Lake Mariner · place not stated · 250 MW gross · planned3 statements
- 250 MW gross · planned ·“Under the agreements, TeraWulf will deliver more than 200 MW of critical IT load (representing ~250 MW of gross capacity) at its Lake Mariner data center campus in Western New York.”
- 500 MW ·“(2) Includes electrical capital expenditures required to expand the Lake Mariner facility to 500 MW. $274 ($20) $90 ($76) ($33) ($10) ($7) Cash on Balance Sheet 4Q24 1Q25A Free Cash Flow Core42 Pre-Pay HPC Hosting Capacity (1) Share Repurchases Miner Buildings & ASICS Site Electrical (2) B/S Cash at 3/31/25 $0.0 $50.0 $100.0 $150.0 $200.0 $250.0 $300.0 $350.0 $400.0 $218 9”
- 2 MW ·“(4) Reflects capex associated with 2 MW AI/HPC pilot infrastructure at Lake Mariner facility.”
Abernathy HPC Campus · Abernathy, Texas · 168 MW critical IT load7 statements
- 168 MW critical IT load ·“(“Fluidstack Member”) (each a “Member” and collectively the “Abernathy Members”) entered into an amended and restated limited liability company agreement (the “Abernathy Joint Venture Agreement”) to govern the terms of operation of FS CS I LLC (the “Abernathy Joint Venture”), which will construct and operate a 168 MW critical IT load datacenter campus in Abernathy, Texas (the “Abernathy HPC Campus”).”
- 168 MW critical IT load ·“(“Fluidstack Member”) (each a “Member” and collectively the “Abernathy Members”) entered into an amended and restated limited liability company agreement (the “Abernathy Joint Venture Agreement”) to govern the terms of operation of FS CS I LLC (the “Abernathy Joint Venture”), which will construct and operate a 168 MW critical IT load datacenter campus in Abernathy, Texas (the “Abernathy HPC Campus”).”
- 168 MW critical IT load ·“(“Fluidstack Member”) (each a “Member” and collectively the “Abernathy Members”) entered into an amended and restated limited liability company agreement (the “Abernathy Joint Venture Agreement”) to govern the terms of operation of FS CS I LLC (the “Abernathy Joint Venture”), which will construct and operate a 168 MW critical IT load datacenter campus in Abernathy, Texas (the “Abernathy HPC Campus”).”
- 168 MW · planned ·“The joint venture also has the right to develop subsequent phases at the Abernathy campus beyond the initial 168 MW, leveraging existing transmission and development infrastructure to support incremental high-density capacity additions.”
- 168 MW critical IT load · planned ·“Under the agreement, the parties will develop and deliver 168 MW of critical IT load at the Abernathy, Texas campus, serving workloads for a global hyperscale AI platform developing frontier-scale foundation models, backed by an investment-grade, long-duration infrastructure commitment through Fluidstack’s platform.”
- 168 MW ·“Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas Deal Announcement | October 2025 168+ MW Hyperscale Campus in Abernathy, TX | ~$9.5 Billion in Contracted Revenue | Exclusive rights for expansion”
- 168 MW critical IT load ·“Abernathy Site 25-Year Lease (1) Unlocks 168 MW of HPC-Ready Capacity 25-yr lease (1) for 120 acres in Abernathy, TX (SPP) Access to 168 MW of critical IT MW in 2026, with additional capacity in 2027 - 2028 Scalable Site with phased buildout 345 kV interconnection Site Highlights Estimated Buildout Timeline +168 MW (2026) 2027 - 2028 ERCOT SPP • Location: Abernathy TX • Size: 120 Acres • Grid: SPP • Utility: Xcel Energy ‒ Southwestern Public Service Company service territory • Phase 1 COD: H2 2026 (168 MW) Phase I Phase II Abernathy Note: 1.”
site not named · Barker, NY · 162 MW1 statement
- 162 MW ·“Lake Mariner Data Barker, NY 162 MW 2029 Total Critical IT Delivery”
CB-1 · place not stated · 20 MW · under construction1 statement
- 20 MW · under construction ·“TeraWulf intends to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner, which is designed for hosting HPC/AI data centers.”

WhiteFiber5 sites

NC-1 · Madison, North Carolina · 40 MW1 statement
- 40 MW ·“The agreement secures the first 40 megawatt delivery of critical IT load at WhiteFiber’s flagship NC-1 data center campus in Madison, North Carolina.”
MTL-3 · place not stated · 7 MW gross · under construction5 statements
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed to as a 7 MW (gross) Tier-3 data center.”
- 7 MW gross · under construction ·“The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed to as a 7 MW (gross) Tier-3 data center.”
site not named · Blönduós, Iceland · 6 MW gross5 statements
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
- 6 MW gross ·“Our initial data center partnership through which we lease capacity is at Blönduós Campus, Iceland, offering a world-class operations team with certified technicians and reliable engineers. The facility has a 45 kW rack density and 6 MW (gross) total capacity.”
site not named · Montreal, Canada · 5 MW gross10 statements
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, our 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, our 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease of MTL-1, our 4 MW (gross) Tier-3 high-performance computing (“HPC”) data center in Montreal, Canada, which was fully operational and fully leased to customers at the time of acquisition.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease to MTL-1, a fully operational and fully leased to customers 4 MW (gross) Tier-3 datacenter headquartered in Montreal, Canada.”
- 5 MW gross ·“On December 27, 2024, we acquired the real estate and building for a build-to-suit 5 MW (gross) Tier-3 data center expansion project near Montreal, Canada which we refer to as MTL-2.”
- 4 MW gross · operational ·“The transaction included the lease to MTL-1, a fully operational and fully leased to customers 4 MW (gross) Tier-3 datacenter headquartered in Montreal, Canada.”
site not named · Sydney, Australia · 2.5 MW IT load1 statement
- 2.5 MW IT load ·“In July 2026, we entered into a lease for 2.5 MW IT load Tier 3 design data center space in Sydney, Australia to expand our cloud services offering.”

Capacity behind rated data-centre debt

8 rows

The megawatts, operator and tenant the rating actions state for rated data-centre securitisations and project debt — 8 rating actions stating megawatts. The deals themselves are on ABS deals.


2026-09-22	DDC 01 Propco LLC	project finance	100 MW	—	CoreWeave	expected rating
2026-08-06	Galaxy Helios Data Centers II LLC	project finance	260 MW	—	CoreWeave	rating assigned
2026-07-30	Compass Datacenters Issuer III, LLC and Compass Datacenters Canada Issuer III LP 2026-2	securitisation	234.2 MW	Compass Datacenters Core, LLC	—	final rating
2026-07-29	Lohrasp Enterprise II LLC 2026-1	securitisation	80 MW	Cloud Capital	—	final rating
2026-07-22	Galaxy Helios Data Centers II LLC	project finance	260 MW	—	CoreWeave	expected rating
2026-07-20	Compass Datacenters Issuer III, LLC and Compass Datacenters Canada Issuer III LP 2026-2	securitisation	234.2 MW	Compass Datacenters Core, LLC	—	expected rating
2026-07-09	QTS Thunder Managing Issuer, LLC	project finance	494 MW	—	—	expected rating
2026-07-01	QTS Issuer ABS II, LLC and QTS Co-Issuer ABS II, LLC 2026-6 and 2026-7	securitisation	181.5 MW	—	—	final rating