jain.com

Base Electron power purchase agreement

Company: Applied Digital

Subject kind
partnership
Statement date
2026-10-08
Promised amount
1200.0 MW
Current status
stated

The claim, verbatim

Applied Digital entered a power purchase agreement with Base Electron for capacity and energy from a planned ~1,200 MW natural gas-fired generation facility in North Dakota.

Source (primary)

Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗

Quote: “entered a power purchase agreement with Base Electron for capacity and energy from an approximately 1,200 MW natural gas-fired generation facility planned in North Dakota”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article states that after quarter-end Applied Digital entered a power purchase agreement with Base Electron for capacity and energy from a planned ~1,200 MW gas-fired plant in North Dakota.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-q1-earnings-miss-140100245.html) in full (12,813 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Yahoo Finance

Quote: “entered a power purchase agreement with Base Electron for capacity and energy from an approximately 1,200 MW natural gas-fired generation facility planned in North Dakota”

View cached copy (2026-10-09)Live source ↗