Power
400 MW
Overview
Polaris Forge 1 AI Factory. Building 1 (100MW) fully operational Nov 2025. CoreWeave tenant (400MW total lease, $11B revenue). 1GW potential at full scale.
Key Tenant: CoreWeave
Key Points
- •Polaris Forge 1 AI Factory Campus
- •Building 1: 100MW fully operational Nov 2025
- •CoreWeave lease: 250MW (Jun 2025) + 150MW (Aug 2025) = 400MW total
- •~$11B total anticipated lease revenue
- •Building 2 (150MW): mid-2026, Building 3 (150MW): 2027
- •Potential to scale to 1GW; community investment in Ellendale housing
Certifications
SOC 2
Mar 2026