$45M electricity credits to Ellendale ratepayers
Company: Applied Digital
The claim, verbatim
Use of excess regional grid capacity at Polaris Forge 1 has returned more than $45 million in electricity credits to local ratepayers.
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: “has returned more than $45 million in electricity credits to local ratepayers”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release attributes the more than $45 million in electricity credits to the company's use of excess grid capacity at the Polaris Forge 1 campus in Ellendale.
Confirmed in the source:
- Applied Digital uses excess regional grid capacity at Polaris Forge 1
- This use of excess grid capacity has returned more than $45 million in electricity credits
- The electricity credits went to local ratepayers
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: “has returned more than $45 million in electricity credits to local ratepayers”