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Base Electron power purchase agreement

Company: Applied Digital - Project: Base Electron North Dakota Gas Plant

Subject kind
partnership
Statement date
2026-10-08
Promised by
2030-12-31
Promised amount
1200.0 MW
Current status
stated

The claim, verbatim

Applied Digital entered a long-term power purchase agreement with Base Electron for an approximately 1,200 MW natural-gas-fired power project near Polaris Forge 3 in central North Dakota, with delivery expected in 2030.

Source (primary)

Inside Applied Digital earnings for Q1 FY 2027 - Yahoo Finance (-, news_article)
View cached copy (2026-10-12)Live source ↗

Quote: “it has entered into a long-term power purchase agreement with Base Electron for an approximately 1,200 MW natural-gas-fired power project near Polaris Forge 3 in central North Dakota, with delivery expected in 2030”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article reports each of these details of the Base Electron power purchase agreement.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/articles/inside-applied-digital-earnings-q1-233124734.html) in full (9,418 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Inside Applied Digital earnings for Q1 FY 2027 - Yahoo Finance

Quote: “it has entered into a long-term power purchase agreement with Base Electron for an approximately 1,200 MW natural-gas-fired power project near Polaris Forge 3 in central North Dakota, with delivery expected in 2030”

View cached copy (2026-10-12)Live source ↗