Mon, Jun 8, 2026
Cipher signs second AWS lease at Stingray
Key points
- 100MW gross / 70MW critical IT; 15-year base term + three 5-year extensions
- ~$2.0-5.7 billion contracted lease payments (base to all-extensions); ~100% NOI margin
- Tenant/site identity first disclosed in the June 2026 bond-offering deck
Deal
Amazon Web ServicesJun 2026
SiteStingray
Contracted capacity70 MW
Contract value$2B
Duration15 years + three 5-year extension options