Ellendale five-year Energy Services Agreement
Company: Applied Digital - Project: Ellendale
The claim, verbatim
Company entered into a five-year ESA with a utility partner for the Ellendale facility.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “The Company entered into a five-year ESA with a utility partner and broke ground on the site on September 8, 2022.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
In its Ellendale facility update, the press release states that the company entered into a five-year ESA with a utility partner and broke ground on the site.
Confirmed in the source:
- The company entered into an Energy Services Agreement (ESA) with a utility partner
- The ESA has a five-year term
- The ESA relates to the Ellendale, North Dakota facility
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/42/applied-blockchain-reports-fiscal-first-quarter-2023/) in full (25,723 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “The Company entered into a five-year ESA with a utility partner and broke ground on the site on September 8, 2022.”