jain.com

Finland agreement for up to 1 GW, initial availability 2028

Company: Applied Digital - Project: Finland AI Factory Campus

Subject kind
partnership
Statement date
2026-10-08
Promised by
2028-12-31
Promised amount
1000.0 MW
Current status
stated

The claim, verbatim

Applied Digital's Finland agreement covers up to 1 GW of potential power capacity, with initial availability expected in 2028.

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: “The agreement covers up to 1 GW of potential power capacity, with initial availability expected in 2028.”

How we checked this

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

The article describes Applied's Finland agreement as covering up to 1 GW of potential power capacity, with initial availability expected in 2028.

Confirmed in the source:

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: “The agreement covers up to 1 GW of potential power capacity, with initial availability expected in 2028.”

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