~3 GW active power pipeline
Company: Applied Digital
The claim, verbatim
Active pipeline of ~3 GW utility power across sites with land under control and/or executed utility agreements, plus >5 GW extended pipeline.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “ACTIVE PIPELINE SITES (~3 GW *UTILITY POWER)”
How we checked this
Checked on October 7, 2026. The cited source supports every part of this claim.
The power and site pipeline slide lists the ~3 GW active pipeline and its definition, and separately lists an extended pipeline of over 5 GW.
Confirmed in the source:
- Applied Digital has an active pipeline of about 3 GW of utility power
- The active pipeline includes sites with land under control and/or executed utility agreements for power delivery
- There is an extended pipeline of more than 5 GW of utility power
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_2ca3a6fc58e47f662a7c51ed55b80806/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “ACTIVE PIPELINE SITES (~3 GW *UTILITY POWER)”