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  "documentTitle": "2026 04 Investor Presentation",
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      "text": "Example 100 MW: MAM Preferred Equity investment: $112.5 mm; APLD equity investment: ~$277.5 mm +/-; The remaining amount will be financed (assumes 70% Loan to Cost - LTC) with debt",
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      "text": "MACQUARIE ASSET MANAGEMENT (MAM) TRANSACTION FOR POLARIS FORGE 1 / COREWEAVE CAMPUS:",
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      "text": "Disclosures: **Subject to negotiation of additional definitive documentation.",
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