Base Electron PPA for Polaris Forge 3
Company: Applied Digital - Project: Base Electron North Dakota Gas Plant
The claim, verbatim
Applied signed a power purchase agreement tied to Base Electron's planned 1.2 GW natural-gas generation facility beside Polaris Forge 3 in North Dakota, with power deliveries expected to begin in 2030.
Source (primary)
Citizens JMP reiterates Applied Digital’s $60 target on capacity delivery - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗
Quote: “Applied also signed a power purchase agreement tied to Base Electron's planned 1.2 GW natural-gas generation facility beside Polaris Forge 3 in North Dakota. Power deliveries are expected to begin in 2030.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article states every element of this claim: the PPA, Base Electron's planned 1.2 GW gas plant beside Polaris Forge 3 in North Dakota, and deliveries expected from 2030.
Confirmed in the source:
- Applied Digital signed a power purchase agreement tied to a Base Electron facility
- The Base Electron facility is a planned 1.2 GW natural-gas generation plant
- The facility is planned beside Polaris Forge 3 in North Dakota
- Power deliveries are expected to begin in 2030
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/citizens-jmp-reiterates-applied-digital-152618122.html) in full (7,685 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Citizens JMP reiterates Applied Digital’s $60 target on capacity delivery - Yahoo Finance
Quote: “Applied also signed a power purchase agreement tied to Base Electron's planned 1.2 GW natural-gas generation facility beside Polaris Forge 3 in North Dakota. Power deliveries are expected to begin in 2030.”