Base Electron long-term power deal, 1,200 MW gas plant
Company: Applied Digital - Project: Base Electron North Dakota Gas Plant
The claim, verbatim
Applied Digital signed a long-term power deal with Base Electron (in which it holds about 10%) covering a 1,200 MW natural gas plant in Center, North Dakota, with deliveries expected to begin in 2030.
Source (primary)
Applied Digital Ends the Quarter With $36 Billion in Contracted Revenue as AI Moat Widens - Yahoo Finance (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗
Quote: “The company signed a long-term power deal with Base Electron, in which it holds about 10%. It covers a 1,200-megawatt natural gas plant in Center, North Dakota, with deliveries expected to begin in 2030.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article states every element of this claim: the counterparty, the roughly 10% stake, the plant's size and location, and the 2030 start date.
Confirmed in the source:
- Applied Digital signed a long-term power deal with Base Electron
- Applied Digital holds about 10% of Base Electron
- The deal covers a 1,200-megawatt natural gas plant in Center, North Dakota
- Deliveries are expected to begin in 2030
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/applied-digital-ends-quarter-36-193002231.html) in full (13,480 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Ends the Quarter With $36 Billion in Contracted Revenue as AI Moat Widens - Yahoo Finance
Quote: “The company signed a long-term power deal with Base Electron, in which it holds about 10%. It covers a 1,200-megawatt natural gas plant in Center, North Dakota, with deliveries expected to begin in 2030.”