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Letter of intent for Texas facility with 200MW wind power

Company: Applied Digital - Project: Garden City

Subject kind
facility timeline
Statement date
2022-04-12
Promised amount
200.0 MW
Current status
stated

The claim, verbatim

Entered into letter of intent on November 24, 2021 to develop facility in Texas with 200MW of wind power, subject to entry into definitive agreements

Source (primary)

Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On November 24, 2021, we entered into a letter of intent to develop a facility in Texas with 200MW of wind power. The arrangement is subject to entry into definitive agreements by the parties.”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document states the November 24, 2021 letter of intent for a 200MW wind-powered Texas facility subject to definitive agreements.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922045562/tm2132377-25_424b4.htm) in full (528,650 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B4 filed 2022-04-13

Quote: “On November 24, 2021, we entered into a letter of intent to develop a facility in Texas with 200MW of wind power. The arrangement is subject to entry into definitive agreements by the parties.”

View cached copy (2026-09-13)Live source ↗