CleanSpark Signs 20-Year, $6.6 Billion Lease for Georgia Data Center
CleanSpark, Inc. announced in a press release that it has signed a 20-year triple-net lease worth $6.6 billion with a high investment grade global technology company for its data center campus in Sandersville, Georgia. The agreement includes two five-year extension options that could raise the total contract value to $11.6 billion.
The tenant will deploy production grade infrastructure supporting 175 megawatts of critical IT load, with deliveries starting in the fourth quarter of 2027. CleanSpark expects a cumulative net operating income margin close to 100 percent, contributing about $330 million annually.
As part of the deal, the tenant signed a letter of intent and exclusivity arrangement for CleanSpark’s 718-acre Texas portfolio, which includes up to 885 megawatts of secured and planned power capacity across sites in Sealy and Brazoria. Morgan Stanley & Co. acted as financial advisor to CleanSpark, and Davis Polk & Wardwell LLP served as legal counsel.
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