HCWC Announces Host Digital Secures $1.25 Billion, 15-Year AI Data Center Lease
Summary
HCWC announced that its stockholders approved the proposals needed to complete its merger with Host Digital. The combined company expects to close in September and continue trading on the NYSE American under the ticker HOST. Host Digital also secured a 15-year take-or-pay lease for 43 MW at its northeast Oklahoma data center, with about $1.25 billion in contracted revenue over the base term. The lease could reach roughly $3.2 billion if renewal options are exercised, and delivery to the tenant is expected in the first half of 2027.
AskAI Classifications
Sectors
No sectors detected
Functions
No functions detected