NeoCapCompaniesValuationsScenariosMetrics
← Applied Digital Corporation
Fri, Aug 29, 2025

Applied Digital expands CoreWeave lease at Polaris Forge 1 by 150MW

Key points

  • Combined total ~$11B across both CoreWeave leases (400MW); expansion targeted mid-2027

Deal

CoreWeaveAug 2025
SitePolaris Forge 1
Contracted capacity150 MW
Contract value$4B
Duration15 years
Expected launchmid-2027