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$50 million secured for Polaris Forge 2 from Macquarie Equipment Capital

Company: Applied Digital

Subject kind
financing
Statement date
2026-09-25
Promised amount
50.0 USD million
Current status
stated

The claim, verbatim

Secured $50 million in funding from Macquarie Equipment Capital for approximately $3 billion, 300 MW Polaris Forge 2 campus

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “Secured $50 million in funding from Macquarie Equipment Capital, Inc. for our approximately $3 billion, 300 MW IT load AI Factory campus near Harwood, North Dakota ("Polaris Forge 2")”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Earnings Release

Quote: “Secured $50 million in funding from Macquarie Equipment Capital, Inc. for our approximately $3 billion, 300 MW IT load AI Factory campus near Harwood, North Dakota ("Polaris Forge 2")”

View cached copy (2026-09-25)Live source ↗Archive.org ↗