PPA with Base Electron in North Dakota
Company: Applied Digital - Project: Base Electron North Dakota Gas Plant
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 - Zacks Investment Research (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
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 reports that, after quarter-end, Applied Digital entered this power purchase agreement with Base Electron for a planned roughly 1,200 MW gas-fired plant in North Dakota.
Confirmed in the source:
- Applied Digital entered a power purchase agreement with Base Electron
- The agreement covers capacity and energy from a natural gas-fired generation facility
- The facility is approximately 1,200 MW and is planned in North Dakota
What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3003018/applied-digital-q1-earnings-miss-on-higher-costs-revenues-beat) in full (16,767 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Q1 Earnings Miss on Higher Costs, Revenues Beat - Zacks Investment Research
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”