200 MW capacity at Polaris Forge 2 campus
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Net proceeds will fund development and construction of 200 megawatts of critical IT load at Polaris Forge 2 AI Factory campus in Harwood, North Dakota
Source (primary)
applied-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “use the net proceeds from the offering to fund the development and construction of 200 megawatts of critical IT load at Polaris Forge 2, its AI Factory campus in Harwood, North Dakota”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states net proceeds will fund development and construction of 200 megawatts of critical IT load at Polaris Forge 2, its AI Factory campus in Harwood, North Dakota.
Confirmed in the source:
- net proceeds will fund development and construction of 200 megawatts of critical IT load
- the project is Polaris Forge 2
- Polaris Forge 2 is described as an AI Factory campus
- it is located in Harwood, North Dakota
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000149315226008549/ex99-2.htm) in full (8,111 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (ex99-2.htm)
Quote: “use the net proceeds from the offering to fund the development and construction of 200 megawatts of critical IT load at Polaris Forge 2, its AI Factory campus in Harwood, North Dakota”