Oncor power transmission and metering agreement for Garden City facility
Company: Applied Digital - Project: Garden City
What the later record shows
Delivered; the record does not say when
Energization began in the quarter ended November 30, 2023, so the prerequisite Oncor installation evidently happened. No passage says when it was completed.
“provide energy to the Company’s 200 MW Garden City, Texas facility and the Company began energizing the facility”
2024-01-15 · Applied Digital 10-Q filed 2024-01-16 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered into facility extension agreement with Oncor Electricity Delivery Company LLC for transmission and metering of power, with installation expected to be completed by October 23, 2023.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “On September 8, 2023, the Company entered into a facility extension agreement with Oncor Electricity Delivery Company LLC ("Oncor") for the transmission and metering of power. With this in place, metering and telemetry equipment will be installed onsite by Oncor and once installed, the site will be energized. The installation is expected to be completed by October 23rd.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The press release states that Applied Digital signed a facility extension agreement with Oncor for power transmission and metering at Garden City. It also says installation was expected to be completed by October 23rd; the year 2023 follows from the release date.
Confirmed in the source:
- Applied Digital entered into a facility extension agreement with Oncor Electricity Delivery Company LLC (signed September 8, 2023)
- The Oncor agreement covers the transmission and metering of power
- The agreement relates to the Garden City, Texas facility, per the surrounding paragraph about that site
- Installation was expected to be completed by October 23, 2023 (the release, dated October 9, 2023, says 'October 23rd')
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/72/applied-digital-reports-fiscal-first-quarter-2024-financial/) in full (23,346 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “On September 8, 2023, the Company entered into a facility extension agreement with Oncor Electricity Delivery Company LLC ("Oncor") for the transmission and metering of power. With this in place, metering and telemetry equipment will be installed onsite by Oncor and once installed, the site will be energized. The installation is expected to be completed by October 23rd.”
confirms Applied Digital 10-Q filed 2024-01-16
Quote: “provide energy to the Company’s 200 MW Garden City, Texas facility and the Company began energizing the facility”