Host Digital Locks In $1.25 Billion, 15-Year AI Data Center Lease in Northeast Oklahoma
Host Digital Infrastructure LLC has secured a 15-year, take-or-pay lease valued at approximately $1.25 billion in contracted revenue, covering 43 megawatts of critical IT load capacity at its existing data center facility in northeast Oklahoma.
The agreement was announced on August 31, 2026, by Healthy Choice Wellness Corp., which is in the process of merging with Host Digital and expects the combined company to trade on the NYSE American under the ticker symbol "HOST."
The Lease Structure
The lease was signed with one of the world's largest privately held cloud infrastructure companies and is expected to be supported by a backstop from a U.S.-based, investment-grade global technology company. The base term runs for 15 years with annual rent escalators and renewal options included.
If all renewal options are exercised, the total contract value across a 30-year term rises to approximately USD 3.2 billion.
The agreement is structured on a take-or-pay basis, meaning the tenant is obligated to pay regardless of whether the capacity is used, providing Host Digital with a high degree of revenue certainty from the outset.
The lease also includes customary rent abatement terms for outages in line with standard data center lease arrangements. Delivery of the 43 megawatts to the tenant is expected in the first half of 2027.
The Oklahoma Facility
Host Digital's northeast Oklahoma data center is described as an already-energized facility, a characteristic the company has placed at the center of its business model.
The site falls within Host Digital's stated target range of right-sized locations, defined as facilities with approximately 20 megawatts to 100 megawatts of grid power available today or in the near term, supplemented by behind-the-meter generation where appropriate.
According to the announcement, Host Digital aims to own and control each facility's core infrastructure, including land, buildings, interconnection rights, utility agreements, electrical systems, and cooling systems.
Tenants, by contrast, retain control of the compute and model layers.
The company characterizes this vertical integration as a defining feature of its platform, which it describes as a pure-play digital infrastructure business focused on artificial intelligence and high-performance computing data centers.
The Merger With HCWC
The lease announcement came alongside confirmation that HCWC stockholders had approved all proposals required to complete the previously announced merger with Host Digital. The stockholder vote satisfied a key condition to closing.
The companies said they expect to complete the merger in September, subject to the satisfaction of remaining closing conditions.
Upon closing, Host Digital will become a wholly owned subsidiary of HCWC. Former Host Digital members are expected to own approximately 96 percent in aggregate of the combined company's outstanding Class A common stock.
HCWC filed the final voting results from its special stockholders meeting with the U.S.
Securities and Exchange Commission on Form 8-K on August 27, 2026.
Leadership Commentary
Shawn Matthews, who is expected to serve as Chairman of the combined company following the merger's close, framed the lease as a demonstration of the model Host Digital intends to replicate at scale.
"Host Digital is approaching its public market debut with 43 MW of critical IT load committed under a 15-year take-or-pay lease, representing approximately USD 1.25 billion in base-term contracted revenue," Matthews said.
"This is the model we intend to scale: secure near-term, energized power; focus on right-sized sites; and contract with strong or credit-enhanced counterparties before deploying significant capital."
Harmol Samra, Chief Executive Officer of Host Digital and expected Chief Executive Officer of the combined company, emphasized the scarcity of power-ready sites capable of meeting AI deployment timelines. "Power-ready sites capable of meeting AI deployment timelines are increasingly scarce," Samra said.
"Our team is focused on converting that advantage into execution by delivering this capacity in the first half of 2027 and scaling a repeatable model for leading AI and HPC customers."
Leadership Backgrounds
Following the merger's close, the leadership team of the combined company will include executives with backgrounds spanning digital infrastructure, power, and capital markets.
Samra previously held roles at ICONIQ Capital and Starwood Capital and helped build and oversee IPI Partners, which had a portfolio of 82 data centers comprising more than 2.2 gigawatts of leased capacity globally at the time of its sale to Blue Owl in 2024.
Matthews served as Chief Executive Officer of Cantor Fitzgerald and Co. from 2009 to 2018 and brings more than three decades of experience across financial markets, energy, and infrastructure.
Host Digital's Development Strategy
Host Digital's development model rests on three stated disciplines: securing near-term, energized power; targeting right-sized sites with sufficient grid power available today or in the near term; and developing against long-term contracted demand supported by strong or credit-enhanced counterparties.
The northeast Oklahoma lease is presented by the company as the initial execution of that strategy at meaningful scale, with the expectation that it can be replicated across additional sites as the company grows its portfolio following its entry into the public markets.