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CleanSpark has signed a transformational 20-year lease agreement with a high-investment-grade technology company at its

PR Newswire press release — first-hand.
Official disclosureSlicast · July 15, 2026 · Global · Source: PR Newswire

CleanSpark, Inc., a market-leading data center developer, announced on July 14, 2026, that it has entered into a 20-year infrastructure lease agreement with two five-year extension options, directly with a high-investment-grade, leading global technology company at its Sandersville, Georgia campus. The lease is expected to generate approximately $6.6 billion of contracted revenue over the initial term.

Under the agreement, the global technology company will deploy production-grade infrastructure at Sandersville, dedicated to a range of computing workloads. The tenant has also executed a letter of intent and exclusivity arrangement covering CleanSpark's entire Texas portfolio of 718 acres with up to 885 MW of secured and planned power capacity, positioning Sandersville as the first chapter of a substantially larger relationship.

CEO Matt Schultz stated: "This lease is a transformational moment for CleanSpark as we complete our evolution into a diversified digital infrastructure platform and begin monetizing our power portfolio at institutional scale. A 20-year commitment from a high-investment-grade global technology company with a market-leading commercial profile and exclusivity across our nearly 900 MW of additional capacity in Texas is a tremendous validation of our land-and-power strategy. We have long believed in the second-mover advantage in this sector: grow our portfolio as the market matures, then execute with excellent terms and velocity. Today's announcement validates our thesis."

The Sandersville campus was selected for its access to reliable, low-cost power, available capacity for high-density compute, and its ability to support rapid, phased deployment of advanced data center infrastructure. Since the 2022 launch of its Sandersville operations, CleanSpark has invested in energy infrastructure, site development, and long-term operations supporting economic activity throughout the region.

The tenant remains confidential but is identified as a global technology company within the high-investment-grade cohort, which facilitates CleanSpark's financing options and the multi-decade lease term. CleanSpark's entire Texas portfolio is now under exclusivity with this tenant, totaling 718 acres with up to 885 MW of secured and planned power capacity. This includes 271 acres with nearly 300 MW at the Sealy campus and 447 acres at the Brazoria campus, where transmission-level infrastructure supports an initial 300 MW demand load with potential expansion to 600 MW.

Morgan Stanley & Co. LLC served as financial advisor to CleanSpark, and Davis Polk & Wardwell LLP served as legal counsel. CleanSpark is a Nasdaq-listed company controlling a portfolio of more than 1.8 GW of power, land, and data centers across the United States powered by globally competitive energy prices.

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CleanSpark has signed a transformational… · Slicast