jain.com

Third 150MW Ellendale building (option) ready 2027

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2025-06-01
Promised by
2027-12-31
Promised amount
150.0 MW
Current status
stated

The claim, verbatim

The third 150 MW building, subject to CoreWeave's option and in planning stages, is anticipated to be ready for service in 2027.

Source (primary)

applied-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗

Quote: “CoreWeave holds an option for the third 150 MW building, which is currently in the planning stages, anticipated to be ready for service in 2027.”

How we checked this

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

The release states that CoreWeave holds an option on a third 150 MW building that is in planning and anticipated to be ready in 2027.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000164117225013199/ex99-2.htm) in full (7,957 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (ex99-2.htm)

Quote: “CoreWeave holds an option for the third 150 MW building, which is currently in the planning stages, anticipated to be ready for service in 2027.”

View cached copy (2026-10-13)Live source ↗