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Data center deals & disclosed terms

Who is contracting with whom, what has been disclosed, and what remains unknown.

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Pricing & Economics

HIVE's BUZZ HPC borrows about $129 million at 9% fixed to buy 2,303 Nvidia GB200 GPUs for a Cohere contract in Canada

HIVE Digital Technologies said on October 27, 2026 that a BUZZ HPC subsidiary entered into a fixed rate credit facility of about $129 million from an unnamed institutional lender. The loan carries 9.0% interest over a three year amortizing term at about 80% loan to cost, and funds a $165 million cluster of 2,303 Nvidia GB200 GPUs contracted to Cohere under a three year, $225 million contract. HIVE says the compute stays in Canada and GPU delivery is expected toward the end of Q4 2026. [Source 1]

Canada (facility not disclosed) · Financing agreement entered into (per HIVE, October 27, 2026); Cohere contract signed June 2026. GPU delivery expected toward the end of Q4 2026. No facility, megawatt or availability status disclosed.
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Deals & Leasing

Galaxy says Helios I Phase II is under construction for CoreWeave, with 830 MW of approved Helios II capacity not yet leased

Galaxy Digital said on October 27, 2026 that Phase II of Helios I, its CoreWeave leased data center at the Helios campus in Dickens County, Texas, is fully financed and under construction, with data hall deliveries scheduled to begin in the second quarter of 2027. All 133 MW of Phase I critical IT load was delivered to CoreWeave by the end of the second quarter. Galaxy says it is in discussions with prospective tenants for 830 MW of approved capacity at Helios II that is not yet under lease, and that its Texas power pipeline now totals over 5.7 GW of potential capacity. [Source 1] [Source 2]

Helios campus, Dickens County, Texas, about 60 miles from Lubbock · Helios I Phase I Leased, 133 MW critical IT delivered to CoreWeave by end of Q2 2026 (company statement). Phase II Under construction (company statement), 260 MW contracted critical IT, data hall deliveries scheduled to begin Q2 2027. Phase III Leased, 133 MW critical IT, rent from 2028. Helios II: 830 MW of approved power capacity not yet leased. No capacity Available to new customers established. As of October 27, 2026.
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Deals & Leasing

Forum Edge AI signs Fireworks to a $94.4 million, 36-month GPU capacity contract at a Dallas data center, with deployment expected around year end

Forum Markets said on October 26, 2026 that Forum Edge AI, its joint venture with Edge Node, signed a definitive agreement with Fireworks for a 36-month reservation of Nvidia B300 GPU capacity at a powered data center in Dallas. The combined total contract value is about $94.4 million, covering GPU capacity and CPU management node fees over the term. The company's Form 8-K describes the deal as a reservation of 96 enterprise AI servers. Fireworks paid a prepayment deposit, and the GPUs are expected to be deployed in late December or early January. The filing gives no megawatt figure. [Source 1] [Source 2]

Dallas, Texas (facility address not disclosed) · Announced. Definitive 36-month GPU capacity agreement disclosed October 26, 2026; GPUs expected to be deployed in late December 2026 or early January 2027. Compute services contract, not a space lease. No facility capacity, energization date or availability established. As of October 27, 2026.
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Deals & Leasing

Alcoa agrees to sell parts of its Massena East, New York site to a data center buyer for up to $315 million, with most of the price tied to approved capacity

Alcoa said on October 15, 2026 that it entered into definitive agreements during the third quarter to sell portions of its Massena East site in New York, with potential proceeds of up to $315 million. Alcoa expects about $50 million to $65 million at closing, depending on the amount of approved data center capacity, and may receive about $60 million to $250 million more as approved capacity is expanded and commissioned over the seven years after closing. Closing is expected within six months and is subject to permitting and regulatory approvals and the conditions required to begin construction. The release does not name the buyer or give a megawatt figure. [Source 1]

Massena East site, Massena, New York · Announced. Definitive agreements to sell portions of the Massena East site signed in the third quarter of 2026 and disclosed October 15, 2026. Closing expected within six months, subject to permitting and regulatory approvals and the conditions required to begin construction. No data center permit, utility agreement, construction, energization or availability established. As of October 26, 2026.
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Deals & Leasing

Digi Power X gets a $200 million debt commitment for its 40 MW Columbiana, Alabama data center leased to Cerebras

Digi Power X says it has received a commitment letter from a major lending institution for $200 million of debt financing to support its 40 MW AI data center in Columbiana, Alabama, with the financing syndicated by Goldman Sachs. The company expects the financing to close within 90 days, subject to definitive documentation and other conditions, including the lender's diligence. The facility is contracted to Cerebras Systems under a 10 year agreement. [Source 1] [Source 2]

Columbiana, Shelby County, Alabama · Under construction, per the company: Phase 1 targeted for December 2026 and Phase 2 for March 2027. Leased to Cerebras under a 10 year colocation agreement signed May 4, 2026. Debt financing committed, not closed. Not available. As of October 13, 2026.
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Deals & Leasing

AMD signs credit support for the 222 MW first phase lease at Fermi's Project Matador in Texas

Fermi America says it has signed a credit support agreement with AMD supporting the lease for phase one of Project Matador in Carson County, Texas, which Fermi describes as 222 MW of gross power capacity in line with its first customer lease announced August 10, 2026. Fermi calls the agreement a key milestone toward securing project financing. The two companies also signed a framework for future expansion of up to 650 MW of gross power capacity. [Source 1]

Carson County, Texas · Leased, with closing pending. A signed lease with TensorWave TEX1 has a closing deadline of October 31, 2026, per Fermi's September 22 release. AMD credit support is signed but subject to conditions. Project financing is not complete. Not available. As of October 13, 2026.
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Pricing & Economics

Duke Energy settles North Carolina large load terms with Amazon, Google, Meta and Microsoft, extending upfront payment rules to loads of 50 MW and up

Duke Energy said on October 7, 2026 that its two North Carolina utilities reached a settlement with the North Carolina Public Staff, Amazon, Google, Meta, Microsoft, the Carolina Industrial Group for Fair Utility Rates and the U.S. Department of Defense on terms for data centers and other large loads. If the North Carolina Utilities Commission approves it, the terms would apply to customers of 50 MW or more with an 80% load factor that sign an electric service agreement after June 1, 2026, down from the 100 MW threshold Duke previously applied. Those customers would make nonrefundable upfront payments for dedicated grid facilities, post deposits and security for shared upgrades such as transmission, and take service on a High Load Factor rate schedule. Duke expects a decision by mid-November. [Source 1]

North Carolina (Duke Energy Carolinas and Duke Energy Progress service territories) · Proposed. Settlement announced October 7, 2026; pending North Carolina Utilities Commission approval, with a decision expected by mid-November according to Duke. As of October 9, 2026.
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Pricing & Economics

Hallador sells six years of Indiana power from its Merom plant to a MISO Zone 6 utility at what it calls its highest capacity price yet

Hallador Energy said on October 8, 2026 that its subsidiary Hallador Power Company signed six-year capacity and energy agreements on October 7 with an unnamed, investment-grade MISO Zone 6 utility. The deals cover deliveries from the Merom Generating Station in Sullivan County, Indiana from June 1, 2029 through May 31, 2035. The utility will buy an annual average of 225 MW of Merom's accredited capacity for about $271 million, and an annual average base energy quantity of 200 MW that Hallador estimates at about $422 million of revenue. Hallador says the capacity price is the highest it has contracted and more than 20% above its March 2026 capacity contract. The agreements took effect on signing and need no regulatory approval. [Source 1] [Source 2]

Merom Generating Station, Sullivan County, Indiana · Signed. Capacity and energy agreements executed October 7, 2026 and effective on signing, with no regulatory approval required according to Hallador. Deliveries scheduled June 1, 2029 through May 31, 2035. As of October 8, 2026.
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Deals & Leasing

Boost Run signs Cohere to a $525.6 million dedicated GPU cloud contract, with a refund right if rack delivery slips past its deadline

Boost Run disclosed on October 6, 2026 that its subsidiary signed a service agreement with Cohere on September 30 to provide dedicated GPU cloud infrastructure. Cohere committed to pay about $525.6 million over the term, subject to delivery and acceptance. Each rack runs about five years from Cohere's acceptance, which is expected to begin in the second quarter of 2027. If a minimum amount of infrastructure is not accepted by July 15, 2027, Cohere can terminate and get its prepayment back. The filing does not name a facility or disclose MW or GPU type. [Source 1] [Source 2]

Not disclosed · Signed service agreement for dedicated GPU cloud infrastructure, executed September 30, 2026 and disclosed October 6, 2026. Rack acceptance expected to begin in the second quarter of 2027. Facility, MW and GPU type not disclosed.
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Pricing & Economics

TVA's data center rate is now in effect; a PowerCompute filing says new or expanded load above 5 MW faces a capacity charge of about $1.5 million per MW

The Tennessee Valley Authority's separate data center rate took effect on October 1, 2026, after its Board approved it on August 20. The first company filing under it gives specifics: PowerCompute says new or expanded data center load above the first 5 MW now faces a Capacity Commitment Charge of about $1.5 million per MW, that load under contract before October 1 is exempt, and that fiscal 2027 has a 2,000 MW cohort available first come, first served. PowerCompute moved its Columbus, Mississippi site to the new rate and raised contracted demand from 8.5 MW to 11 MW before the deadline. [Source 1] [Source 2] [Source 3]

Tennessee Valley Authority service territory; PowerCompute site in Columbus, Mississippi · Approved. The TVA Board approved a separate data center rate on August 20, 2026, effective October 1, 2026 (TVA fiscal year 2027) and phased in over three fiscal years. As of October 6, 2026.
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Pricing & Economics

Nscale says its Ward County, Texas AI data center is live; landlord Ionic Digital's filings show $182.5 million a year in rent for 234 MW

Nscale said on October 1, 2026 that its Ward County, Texas site, an empty steel shell nine months earlier, is now a live AI data center delivering thousands of GPUs. The landlord, Ionic Digital, discloses in SEC filings that Nscale leases the site's full 234 MW of energy capacity under a 126-month triple-net lease. After an 18-month ramp, annual fixed rent at 234 MW is $182.5 million. Nscale is obligated to lease another 89 MW at the same price per MW when it becomes available. [Source 1] [Source 5]

Ward County, Texas · Leased (234 MW of energy capacity leased to Nscale, per Ionic Digital filings through September 2026). Operating, per Nscale's October 1, 2026 statement. Expansion to 700 MW proposed; ERCOT classification provisional.
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Pricing & Economics

SharonAI signs a $356 million GPU-backed debt facility at 7.25% to 9.95% to fund contracted compute

SharonAI disclosed that two Australian subsidiaries signed a senior secured term loan facility of up to US$356 million on September 28, 2026. Proceeds fund GPUs, servers and related equipment at contracted data center facilities for a customer GPU compute contract. Facility A carries 7.25% rising to as much as 9.95%. Facility B carries a fixed 9.95%. [Source 1] [Source 2]

Australia (borrowers are Australian subsidiaries; deployment sites not disclosed) · Facility agreement signed September 28, 2026. Drawdown status not disclosed as of October 1, 2026.
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Deals & Leasing

AIB Data Centers signs a 12-year agreement for 50 MW of critical IT at its South Carolina site, backed by a Nebius guaranty

AIB Data Centers disclosed on September 30, 2026 that it executed a master colocation services agreement in September for 50 MW of critical IT capacity at its CLT-01 site in South Carolina. The initial term is 12 years with two five-year renewal options. AIB lists a guaranty from Nebius, and its press release names Nebius as the customer. Delivery is planned in two 25 MW data halls. [Source 1] [Source 3]

CLT-01 site, South Carolina · Leased (master colocation services agreement executed September 2026 for 50 MW of critical IT). Not delivered: construction design submitted for permits and utility service scheduled to begin October 1, 2026, as of September 30, 2026.
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Pricing & Economics

CleanSpark closes $2.276 billion financing for Sandersville data center

CleanSpark's subsidiary CSDC Finance I LLC completed a $2.276 billion senior secured notes offering on September 25. The debt carries a 7.875% coupon, was issued at 98.5% of principal and matures October 1, 2031. The filing locates the financed facility in Sandersville, Georgia. [1]

Sandersville, Georgia · Financing closed; facility delivery not established
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Deals & Leasing

Cipher extends Barber Lake's contracted lease life to 20 years with a follow-on AI lab commitment

Cipher Digital says it has extended the contracted lease life of its Barber Lake data center in Colorado City, Texas from 10 years to 20 years. It amended its existing lease with Fluidstack and entered into a binding commitment with an unnamed "leading AI lab" to lease the facility for a further 10 years after the Fluidstack term ends. Cipher says the follow-on commitment is expected to add about $5.2 billion of contracted revenue, lifting total contracted revenue at the facility from $3.8 billion to over $9 billion. [Source 1] [Source 2]

Colorado City, Texas · Leased (Fluidstack lease amended; AI lab binding commitment to a follow-on lease)
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Deals & Leasing

Vertiv agrees to acquire KES to expand liquid cooling services in EMEA

Vertiv announced September 24 that it agreed to acquire King Environmental Services Ltd. (KES), a provider of fluid management, commissioning and load-testing services. Vertiv expects the transaction to close in the fourth quarter of 2026. Financial terms were not disclosed. The announcement establishes an agreement, not a completed acquisition. [1]

EMEA; KES hubs near Dublin and in Frankfurt · Announced; pending completion
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Deals & Leasing

Fermi and TensorWave extend Project Matador lease closing to October 31

Fermi says its subsidiary Fermi Campus 1 LLC and TensorWave TEX1, LLC amended their data center lease to move closing from September 30 to October 31, 2026. The company says other lease terms remain unchanged. It is still negotiating a guaranty with an investment-grade counterparty and completing closing conditions. This is an extension of an existing signed agreement, not a new lease or a completed closing. [1]

Carson County, Texas · Signed lease; closing conditions pending
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Deals & Leasing

Host Digital lists with a 43 MW Oklahoma lease and a second 16 MW site under negotiation

Host Digital Inc., formerly Healthy Choice Wellness Corp., completed its merger with Host Digital Infrastructure LLC on September 17, 2026. Its Class A stock now trades on NYSE American as HOST. Its only disclosed data center asset is a facility in northeastern Oklahoma leased to a single tenant. [Source 2] [Source 3]

Northeastern Oklahoma · Leased; delivery targeted Q1 2027
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Deals & Leasing

Hyperscale Data targets November for Michigan AI deployment as investment exceeds $70 million

Hyperscale Data says it invested more than $70 million into Alliance Cloud Services and its Michigan facility through September 15. Its September 17 update targets November 2026 for operations under an existing agreement with an unnamed California-based neocloud provider. That is a deployment target, not confirmation that the contracted service is operating. [Source 1]

Michigan, United States · Signed agreement; future deployment
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Deals & Leasing

AXG and Digital Realty announce hosted private infrastructure partnership

AXG and Digital Realty announced a partnership to deliver hosted private infrastructure through global system integrators and managed service providers. Their September 17 release describes a combined offering across 31 markets in more than 30 countries. It covers private AI, edge infrastructure, cloud repatriation and infrastructure for AI service providers. [1]

Global; specific facilities undisclosed · Announced service partnership
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Deals & Leasing

RWE and Oracle disclose a 433 MW Texas wind agreement

RWE announced a virtual power purchase agreement with Oracle covering 433 MW of electricity production from its existing Panther Creek I, II and III wind projects in West Texas. The facilities are in Sterling, Howard and Glasscock counties. The September 17 disclosure identifies the supplier, buyer and generation assets, but gives no contract price or duration. [1]

West Texas generation assets; Oracle Texas energy program · Announced agreement
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Deals & Leasing

CleanSpark identifies Meta subsidiary behind 175 MW Sandersville lease

CleanSpark's September investor presentation identifies Anviran, LLC, a wholly owned Meta subsidiary, as the tenant for its Sandersville, Georgia, AI data center campus. Meta guarantees rent and operating expenses. The presentation describes 175 MW of contracted critical IT load, a 20-year base lease and approximately $6.6 billion of contracted lease payments over that base term. [1]

Sandersville, Georgia · Leased; initial delivery targeted Q4 2027
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Deals & Leasing

BUZZ HPC and ProCogia pair Canadian GPU infrastructure with applied AI services

HIVE Digital Technologies says its subsidiary BUZZ High Performance Computing has entered a strategic partnership with ProCogia, a Vancouver-based applied AI and data engineering company. ProCogia will procure dedicated GPU capacity from BUZZ HPC's Canadian data centers and provide software and implementation services on that infrastructure. [1]

Canada; specific deployment sites undisclosed · Announced partnership
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