Base Electron PPA ~1,200 MW gas facility
Company: Applied Digital
The claim, verbatim
Entered into a Power Purchase Agreement with Base Electron for capacity and energy from an approximately 1,200 MW natural gas-fired generation facility to be developed in North Dakota.
Source (primary)
Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD) (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “Entered into a Power Purchase Agreement with Base Electron, for the purchase of capacity and energy from an approximately 1,200 MW natural gas-fired generation facility”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release states every element, including that Base Electron will develop the facility in North Dakota.
Confirmed in the source:
- Applied Digital entered into a Power Purchase Agreement with Base Electron
- The Base Electron agreement covers the purchase of capacity and energy
- The power comes from an approximately 1,200 MW generation facility
- The Base Electron facility is natural gas-fired
- The Base Electron facility is to be developed in North Dakota
What we did: Read our cached copy of the publisher (https://ir.applieddigital.com/news-events/press-releases/detail/163/applied-digital-reports-fiscal-first-quarter-2027-results) in full (41,009 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD)
Quote: “Entered into a Power Purchase Agreement with Base Electron, for the purchase of capacity and energy from an approximately 1,200 MW natural gas-fired generation facility”