Polaris Forge 2 lease for 200 MW
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Lease signed with an investment grade hyperscaler at Polaris Forge 2 campus in Harwood, North Dakota for 200 MW of critical IT load
Source (primary)
Applied Digital DEF 14A filed 2026-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “signed a lease with an investment grade hyperscaler at our Polaris Forge 2 campus in Harwood, North Dakota, for 200 MW of critical IT load”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The proxy states that a lease was signed with an investment grade hyperscaler at Polaris Forge 2 in Harwood, North Dakota, for 200 MW of critical IT load.
Confirmed in the source:
- A lease was signed with an investment grade hyperscaler at Polaris Forge 2
- Polaris Forge 2 is in Harwood, North Dakota
- The lease covers 200 MW of critical IT load
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315226044325/formdef14a.htm) in full (278,076 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital DEF 14A filed 2026-09-25
Quote: “signed a lease with an investment grade hyperscaler at our Polaris Forge 2 campus in Harwood, North Dakota, for 200 MW of critical IT load”