According to BlockBeats, Empery Digital (NASDAQ: EMPD) is investing $65 million to acquire a 25% stake in a U.S. Midwest AI data center facility on October 26. The facility currently has approximately 150 MW of power capacity and owns its own substation, with potential expansion to around 300 MW.
Under a 15-year triple net lease arrangement, the total potential rental payments are estimated at $1 billion. Empery's 25% stake is projected to generate over $440 million in rental income over the lease term, with payments expected to begin in early 2027. The company will not assume responsibility for data center modifications, electricity usage, or operational costs, which will be borne by the tenant.