Hut 8 Signs 15-Year, 245 MW AI Data Center Lease At River Bend Campus With Total Contract Value Of $7.0 Billion
ReutersDec 17, 2025 11:28 AM
Dec 17 (Reuters) - Hut 8 Corp HUT.O:
HUT 8 SIGNS 15-YEAR, 245 MW AI DATA CENTER LEASE AT RIVER BEND CAMPUS WITH TOTAL CONTRACT VALUE OF $7.0 BILLION
HUT 8 CORP - GOOGLE PROVIDES FINANCIAL BACKSTOP FOR THE 15-YEAR BASE LEASE TERM
HUT 8 CORP: 15-YEAR 245 MW IT LEASE VALUED AT $7.0 BILLION OVER BASE TERM AND UP TO $17.7 BILLION IF ALL RENEWAL OPTIONS ARE EXERCISED
HUT 8 CORP - 85% LOAN-TO-COST FUNDED BY J.P. MORGAN AND GOLDMAN SACHS
HUT 8 CORP - INITIAL DATA HALL COMPLETION SCHEDULED FOR Q2 2027
HUT 8 CORP - EXPECTED NOI CONTRIBUTION OF $6.9 BILLION OVER LEASE TERM
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