Hyperscaler LOI for 400 MW at Ellendale
Company: Applied Digital
The claim, verbatim
Applied Digital executed an exclusive LOI with a U.S.-based hyperscaler for 400 MW of capacity, including the 100 MW facility under construction and two future buildings in Ellendale; the hyperscaler is believed to have completed technical due diligence and lease details are being finalized.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)Live source ↗
Quote: “executing an LOI with a U.S.-based hyperscaler for 400 MW capacity, which includes our 100 MW facility currently under construction and two future buildings”
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: “executing an LOI with a U.S.-based hyperscaler for 400 MW capacity, which includes our 100 MW facility currently under construction and two future buildings”