Hut 8 signs 15-year, $7.0B AI data center lease at River Bend; Google backstop, 245 MW

Hut 8 Corp.

Total contract value $7.0B over 15-year base term, up to $17.7B with all renewal options.
Google (Alphabet) provides financial backstop covering lease payments for the 15-year base term.
Project-level financing up to 85% loan-to-cost from J.P. Morgan and Goldman Sachs.
Initial data hall completion and commissioning scheduled Q2 2027; additional halls in 2027.
Blue-chip execution partners: Entergy, J.P. Morgan, Goldman Sachs, Vertiv, Jacobs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.