AI Compute Deal Ledger · Free Dataset · CC BY 4.0

Volta Infra: The AI Deal Record

Every Volta Infra deal in the ledger, with the source on every row. Binding contract value: $14.7B across 254 MW of contracted IT capacity. Guarantees and equity are totalled apart from contract value, and snapshot disclosures (backlog restatements, order intake, program envelopes) are listed but never summed.

Contract value

$14.7B

2 binding contracts, base terms

Binding capacity

254 MW

contracted IT load with disclosed MW

Not binding

·

0 LOI / framework / reported

Deal by Deal

2026-08-04Binding

Bitdeer Technologies (Provider) · Volta Infra (Buyer)

Value
approximately $4.7B
$8B with all options
Capacity / term
121 MW · 16y
$2.43M per MW-year
First revenue
2026-12

Surfaced this run via general web sweep, not the EDGAR watchlist (Bitdeer is not on the ledger's watchlist). Predates this run by three weeks; missing from the ledger until now, same pattern as the TeraWulf-Anthropic and Duos-Axe Compute gaps found in prior runs. Reconfirmed unchanged in Bitdeer's 2026-08-26 'July 2026 Production and Operations Update' 6-K exhibit. That same update also disclosed an AI Cloud facility (A102) in Malaysia 'fully committed with over $800 million in expected revenue' with no named counterparty or MW figure given; logged to candidates.json rather than given a row.

Conditions: 16-year colocation lease at Bitdeer's Tydal, Norway campus (a former cryptomine), signed with Volta subsidiary Volta Tydal AS; approximately $202/kW/month over the base term, with electricity pass-through to the tenant. An 8-year renewal option extends the potential total to approximately $8.0B over 24 years. Affiliates of J.P. Morgan and another unnamed global financial institution are expected to issue about $1.3B in letters of credit as credit support; the lease is subject to customary closing conditions. Phase 1 (of 133MW gross / 121MW IT capacity) targeted online by 2026-12-31, phase 2 by 2027-03-31. Bitdeer's own disclosure names only 'a subsidiary of Volta Infra' as tenant; it does not name Volta's own end customer. Bloomberg reported, citing sources, that Volta's compute customer here is Anthropic under a separate $10B/6-year compute-services agreement between Volta and Anthropic; that leg is now its own row, volta-anthropic-tydal-compute-2026-08, entered 2026-10-12 once Volta's own press release surfaced as a primary source for the deal terms. Arithmetic check: $202/kW/month x 121,000kW x 12mo x 16yr = ~$4.69B, reconciling almost exactly to the stated $4.7B base figure.

2026-08-04Binding

Volta Infra (Provider) · Anthropic (Buyer)

Value
$10B
Capacity / term
133 MW · 6y
$12.53M per MW-year
First revenue
2026-12

Promoted from candidates.json (id volta-anthropic-compute-agreement-2026-08, added 2026-08-28) now that a primary source exists for the deal terms: Volta's own launch press release, not just Bloomberg's sourced report. The candidate entry is removed since the row now carries the same verification standard as every other row (one primary plus one tier-1, per CLAUDE.md's figure-verification rules), with the counterparty-identification caveat carried in flags.conditions rather than left as an open blocker. Backfilled a month late: the branch that first promoted this row could not be merged once main's history moved past its base, so recorded is set to the actual entry date. Re-checked against the same primary sources on 2026-10-12; nothing material had changed.

Conditions: Six-year, $10B compute services agreement, the anchor deal of Volta's stealth-exit launch (alongside a separate, distinct $5B AI Infrastructure Program financing facility with Azora that is not part of this deal). Capacity comes from the Bitdeer-owned Tydal, Norway campus that Volta itself leases under bitdeer-volta-tydal-lease-2026-08 (133MW gross/121MW IT, phase 1 online 2026-12-31, phase 2 2027-03-31); this row is the compute-services layer Volta sells on top of that leased real estate, not a restatement of the lease. Volta's own press release names only an 'unnamed AI Lab' as the counterparty; Bloomberg (citing people familiar with the matter) identified the customer as Anthropic the same week, the same primary-terms-plus-tier1-identification pattern already used for riot-anthropic-rockdale-lease-2026-08. As of this row's 2026-10-12 recheck, neither Volta nor Anthropic has since named the customer directly.

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