The offtake agreement reflects the commercial terms contemplated under the parties' previously announced Memorandum of Understanding and represents a significant milestone toward the development of what is expected to become one of North America's largest purpose-built AI infrastructure campuses.
The agreement provides for approximately $156 million in annual recurring revenue from the initial 100 MW phase and grants Nidar/Yotta a right of first offer on the remaining campus capacity, supporting a pathway to nearly 1 GW of development and up to $1.5 billion in annual revenue potential at full buildout.
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