CoreWeave compute deals
Public agreements, delivery targets, and source evidence for CoreWeave.
Market overview
The commitments behind the buildout
Selected public agreements. Amounts follow the selected filters. Compute purchases and the facilities hosting them can describe the same capacity.
| Layer | Stated amount | Up to | More than |
|---|---|---|---|
| Compute purchases | — | — | — |
| IT power leases | 760 MW | — | — |
| Campus projects | — | — | — |
Upper limits are not firm commitments. Minimums are not exact totals. Each column stands alone; the three layers must not be added together.
Compute purchase agreements
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Stated contract values, over their full terms
Additional upper-limit values
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Additional minimum values
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0 agreements with comparable USD values. Excludes financing, construction budgets, monthly fees, and overlapping contract updates. These are purchase commitments, not annual capital expenditure.
Compare buyers · 1 companies
| Buyer / developer | Agreements | Compute: stated | Compute: up to | Compute: over | Dated targets |
|---|---|---|---|---|---|
| CoreWeave | 4 | — | — | — | 3 of 4 |
Time to Power
When is capacity expected?
3 dated targets · 1 without a first-capacity window
0 elapsed targets await delivery evidence
Delivery confirmation is still needed for these records. An elapsed target alone does not establish a delay.
Actual time to power: not established
Company targets describe expected availability. Measured time to power requires a dated start and site-level energization evidence.
Reported delivery
Applied Digital / CoreWeave · 175 MW ready for service
Polaris Forge 1 campus; part of 400 MW contracted. Report date, not energization date.
2025
Delivery reported
Ellendale, North Dakota, US · First 100 MW targeted for Q4 2025
First compute capacity · A first phase may cover only part of the agreement.
2027
3–16 months away
Ellendale, North Dakota, US · 2027 (planned ready for service)
First compute capacity · A first phase may cover only part of the agreement.
2028
15–28 months away
Indonesia · three facilities · 2028
First compute capacity · A first phase may cover only part of the agreement.
How to read these dates and figures
Dates are the original announced windows. A vague year keeps a full-year range; construction completion and equipment release dates are excluded. 1 announcements disclose no MW allocation. 0 quantified records are excluded from capacity comparisons because their scope is not comparable or overlaps. Export the CSV for the source, quantity terms, and inclusion basis of each agreement.
4 announcements
| Announced | Buyer / partner | Value | Capacity | Location / timing | Details |
|---|---|---|---|---|---|
| Aug 4, 2026 | CoreWeave Local facility partners Campus build | Undisclosed | 360 MW Contracted IT power · three facilities | Indonesia · three facilities 2028 15–28 months to target | Build announcedDeal detailsThree Indonesian facilities with 360 MW of contracted IT power, expected online in 2028. This is the regional deployment allocation, not CoreWeave’s global contracted-power total. Company announcement ↗Assess this deal |
| Jun 24, 2026 | CoreWeave Conapto Campus build | Undisclosed | Undisclosed | Stockholm, Sweden Initial capacity online at announcement | In use at announcementDeal detailsColocation agreement across two campuses. CoreWeave stated that initial capacity at Stockholm 4 South was already online. No deal-specific power allocation or contract value is disclosed. The company-wide active and contracted power figures are not assigned to these campuses. CoreWeave investor announcement ↗Assess this deal |
| Aug 28, 2025 | CoreWeave Applied Digital Campus build | Undisclosed | 150 MW Incremental critical IT load; Building 4 | Ellendale, North Dakota, US 2027 (planned ready for service) 3–16 months to target | Agreement signedDeal detailsThird lease dated August 28 adds 150 MW to the initial 250 MW, bringing CoreWeave’s campus allocation to 400 MW. The record contains only the incremental allocation. Reported campus delivery remains attached to the original record to avoid counting it twice. Applied Digital quarterly filing ↗Related: CoreWeave / Applied Digital · 2025-06-02Assess this deal |
| Jun 2, 2025 | CoreWeave Applied Digital Campus build | Undisclosed | 250 MW Critical IT load under initial leases | Ellendale, North Dakota, US First 100 MW targeted for Q4 2025 Delivery reported | Agreement signedDeal detailsInitial leases cover 250 MW for approximately 15 years, with approximately $7B expected revenue. A separate 150 MW option was subsequently exercised, taking the campus to 400 MW under contract. The initial allocation is not the whole campus. Hosting revenue is excluded from compute purchase totals. Applied Digital June 2 filing ↗Applied Digital fiscal Q4 2026 results ↗Assess this deal |