jain.com

First right of refusal for additional 800 MW capacity

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
customer
Statement date
2025-10-21
Promised amount
800.0 MW
Current status
stated

The claim, verbatim

The hyperscaler holds a first right of refusal for an additional 800 MW of critical IT capacity at Polaris Forge 2, representing the full expansion potential of the 1-gigawatt campus.

Source (primary)

applied-digital 8-K exhibit (ad-harwood_prxfinal102225.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “The Hyperscaler also holds a first right of refusal for an additional 800 MW of critical IT, representing the full expansion potential of the 1-gigawatt (GW) Polaris Forge 2 Campus.”

How we checked this

Checked on September 29, 2026. The cited source supports every part of this claim.

The release states the hyperscaler holds a right of first refusal on an additional 800 MW, representing the full expansion potential of the 1 GW campus.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000076/ad-harwood_prxfinal102225.htm) in full (8,227 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ad-harwood_prxfinal102225.htm)

Quote: “The Hyperscaler also holds a first right of refusal for an additional 800 MW of critical IT, representing the full expansion potential of the 1-gigawatt (GW) Polaris Forge 2 Campus.”

View cached copy (2026-09-27)Live source ↗