
⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: $CleanSpark(CLSK.US) CleanSpark Signs $6.6 Billion 20-Year Data Center Infrastructure Lease
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐂𝐥𝐞𝐚𝐧𝐒𝐩𝐚𝐫𝐤 signs a 𝟐𝟎-𝐲𝐞𝐚𝐫 𝐍𝐍𝐍 lease with a global technology company.➤ Initial lease expected to generate approximately 𝐒𝟔.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in contracted revenue.➤ Total contract value could reach 𝐒𝟏𝟏.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 with extension options.➤ Agreement covers 𝐒𝟏𝟕𝟓 𝐌𝐖 of critical IT load at Sandersville, Georgia.➤ Infrastructure deliveries are expected to begin in 𝐐𝟒 𝟐𝟎𝟐𝟕.➤ Tenant signed exclusivity covering CleanSpark's 𝐓𝐞𝐱𝐚𝐬 𝟖𝟖𝟓 𝐌𝐖 portfolio.➤ Texas portfolio spans 𝐒𝟕𝟏𝟖 𝐚𝐜𝐫𝐞𝐬 with secured and planned power capacity.➤ Lease includes annual escalators and nearly 𝐒𝟏𝟎𝟎% cumulative NOI contribution margin.➤ Expected average annual 𝐍𝐎𝐈 contribution is approximately 𝐒𝟑𝟑𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐌𝐚𝐭𝐭 𝐒𝐜𝐡𝐮𝐥𝐭𝐳, CleanSpark CEO and Chairman:"This lease is a transformational moment for CleanSpark as we complete our evolution into a diversified digital infrastructure platform and begin monetizing our power portfolio at institutional scale. A 20-year commitment from a high-investment-grade global technology company with a market-leading commercial profile and exclusivity across our nearly 900 MW of additional capacity in Texas is a tremendous validation of our land-and-power strategy. We have long believed in the second-mover advantage in this sector: grow our portfolio as the market matures, then execute with excellent terms and velocity. Today's announcement validates our thesis."𝐉𝐢𝐦𝐦𝐲 𝐀𝐧𝐝𝐫𝐞𝐰𝐬, Mayor of Sandersville:"CleanSpark has been a pillar of the Sandersville community for many years, providing job market stability, tax revenue, and broad support for what makes our part of the world special. We are excited to see CleanSpark embark on this new chapter and stand shoulder to shoulder with them to support this incredible infrastructure project."The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
