Finland up to ~1 GW power capacity
Company: Applied Digital - Project: Finland AI Factory Campus
The claim, verbatim
Signed an agreement for up to approximately 1 GW of potential power capacity in Finland, the Company's first step outside the United States.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “signing an agreement for up to approximately 1 GW of potential power capacity in Finland”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release describes the Finland agreement and calls it the Company's first step outside the United States.
Confirmed in the source:
- Applied Digital signed an agreement for up to approximately 1 GW of potential power capacity in Finland
- The Finland agreement is the Company's first step outside the United States
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000057/apldq127earningsrelease.htm) in full (40,037 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms EX-99.1
Quote: “signing an agreement for up to approximately 1 GW of potential power capacity in Finland”
confirms View PDF
Quote: “Secured up to approximately 1 GW of potential power capacity in Finland, establishing a strategic foothold in an emerging European AI market”
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Quote: “Applied Digital also announced its first expansion outside the United States, securing access to potential power capacity of approximately 1 gigawatt (GW) in Finland.”
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Quote: “The company has also secured access to up to about 1 gigawatt of potential power capacity in Finland, marking its first expansion outside the US”
