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Base Electron ~1,200 MW gas power PPA near Polaris Forge 3

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

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

The claim, verbatim

Applied Digital entered a long-term power purchase agreement with Base Electron for about 1,200 MW of natural-gas-fired, front-of-meter, grid-connected power near Polaris Forge 3 in central North Dakota.

Source (primary)

Applied Digital earnings: APLD beats expectations with $341.9M in revenue - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗

Quote: “they've entered into a long-term power purchasing agreement with base electron for approximately 1200 megawatts of natural gas fired power near Polaris Forge 3 in Central North Dakota”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The transcript describes a long-term power purchase agreement with Base Electron for about 1,200 MW of natural gas power near Polaris Forge 3 in central North Dakota, and says the project is front of meter and grid connected.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/video/applied-digital-earnings-apld-beats-231634962.html) in full (16,823 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital earnings: APLD beats expectations with $341.9M in revenue - Yahoo Finance

Quote: “they've entered into a long-term power purchasing agreement with base electron for approximately 1200 megawatts of natural gas fired power near Polaris Forge 3 in Central North Dakota”

View cached copy (2026-10-15)Live source ↗Archive.org ↗