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Soluna JV for Project Dorothy 3 AI/HPC data center

Company: Applied Digital

Subject kind
partnership
Statement date
2026-10-21
Promised by
2026-12-31
Promised amount
51.0 percent
Current status
stated

The claim, verbatim

Applied Digital signed a definitive agreement with Soluna to form a joint venture to develop a planned 50 MW critical IT AI/HPC data center at Project Dorothy 3 near Silverton, Texas. Applied will hold 51% and provide development capital, and closing is expected by year-end.

Source (primary)

Soluna and Applied Digital to build 50 MW wind-powered AI data center in Texas - Yahoo Finance (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗

Quote: “Applied will hold 51% of the project company and provide development capital. Soluna will contribute land and power-related assets for the remaining 49%. Closing is expected by year-end.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Soluna and Applied Digital to build 50 MW wind-powered AI data center in Texas - Yahoo Finance

Quote: “Applied will hold 51% of the project company and provide development capital. Soluna will contribute land and power-related assets for the remaining 49%. Closing is expected by year-end.”

View cached copy (2026-10-28)Live source ↗Archive.org ↗