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BRIEF-Hut 8 Signs 15-Year, 245 MW AI Data Center Lease At River Bend Campus With Total Contract Value Of $7.0 Billion

Reuters
2025/12/17
BRIEF-<a href="https://laohu8.com/S/HUT">Hut 8</a> Signs 15-Year, 245 MW AI Data Center Lease At River Bend Campus With Total Contract Value Of $7.0 Billion

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

Source text: ID:nPn40Hq4Ra

Further company coverage: HUT.O

((Reuters.Briefs@thomsonreuters.com;))

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