CleanCore Solutions signs $800M 10‑year colocation agreement with Cerebras for 40 MW of Minnesota data center
Type: Partnership · Technology: Data Center · Country: United States · Capacity: 40 MW · Value: $800M · Announced: 2026-07-23
CleanCore Solutions signed a 10‑year colocation services agreement with Cerebras Systems, valued at approximately $800 million for an initial 40 MW of capacity. The agreement anchors the Minnesota data center project, providing a guaranteed tenant and revenue stream. The contract includes two optional 10‑year renewal periods that could raise the total value beyond $3 billion. The colocation deal was signed on July 23 2026 and secures long‑term utilization of the facility. Cerebras will operate its AI hardware within the leased space, while CleanCore retains ownership and operational control.
Counterparties
- CleanCore Solutions (Developer)
- Cerebras Systems (Offtaker)
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