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  "documentTitle": "2026 04 Investor Presentation",
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      "text": "Multiple near-term greenfield / new sites in active development in multiple states; Expansions at existing sites – many with scalable capacity up to 1 GW each",
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      "text": "III. EXTENDED PIPELINE (>5 GW *UTILITY POWER)",
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      "text": "II. ACTIVE PIPELINE SITES (~3.5 GW *UTILITY POWER)",
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      "text": "*The described power pipeline, including sites under control/executed agreements and projected expansions/greenfield developments, constitutes forward-looking information; actual outcomes may differ due to risks in permitting, infrastructure needs (e.g., generation, transmission, substations), regulatory approvals, and market conditions",
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      "text": "Operating Capacity (100 MW Critical IT): Polaris Forge 1 – Building 1: 100 MW; Under Construction (900 MW Critical IT): Polaris Forge 1: 300 MW, Polaris Forge 2: 300 MW, Delta Forge 1: 300 MW; Contracted (900 MW Critical IT): In-Negotiation: 100 MW",
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