| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 5, 2026 | 8/12 | 5 medium, 2 low flags | 1 | 3 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Demand for near-term power remains strong, and we are targeting 480 megawatts online in the second half of 2027. Period has not ended; no update on this specific 480MW/2H2027 target was given on this call, and it was not repeated. |
| Q2'26 | Delivered | We currently expect a FERC decision in the midsummer timeframe regarding the Morgantown acquisition. FERC authorized the Morgantown acquisition on July 29, consistent with the midsummer timing guided. |
| Q2'26 | Missed | CB4 and CB5 remain on track for delivery in the third and fourth quarters of 2026, respectively. CB4 delivery held at late September (within Q3), but CB5 slipped from the promised Q4 2026 to 'very early January' 2027, a real slip on the CB5 half of this compound promise. |
| Q2'26 | Missed | For CB3, we are on track to complete our defined scope by the end of May. CB3 was actually delivered and generating lease revenue in early July, roughly five to six weeks later than guided. |
| Q2'26 | Missed | I have said that we expect to have a customer in place in the second quarter, and I remain highly confident. The Anthropic lease was executed 'following quarter end', meaning after June 30, not within Q2 as promised; a narrow but real timing miss despite the strong economics of the eventual deal. |
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