Joint venture with Soluna for Dorothy 3 AI data center
Company: Applied Digital
The claim, verbatim
Applied Digital entered a definitive agreement with Soluna to form a jointly owned Project Company. After closing, Applied is expected to hold 51% and Soluna 49%. Closing is expected by the end of the calendar year and depends on conditions including a Briscoe County tax abatement.
Source (primary)
Soluna Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas - PR Newswire (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗
Quote: “Following the closing of the transactions contemplated by the Transaction Agreement, Applied is expected to hold a 51% interest in the Project Company, and Soluna is expected to hold the remaining 49% interest.”
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Additional evidence
confirms Soluna Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas - PR Newswire
Quote: “Following the closing of the transactions contemplated by the Transaction Agreement, Applied is expected to hold a 51% interest in the Project Company, and Soluna is expected to hold the remaining 49% interest.”