Dorothy 3 JV with Soluna (51% stake, development capital)
Company: Applied Digital
The claim, verbatim
Applied Digital will form a joint venture with Soluna to develop a planned 50 MW critical IT AI/HPC data center at Project Dorothy 3 near Silverton, Texas, holding 51% of the project company and providing development capital, with Soluna contributing land and power-related assets for the remaining 49%.
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: “signed a definitive agreement on Wednesday to form a joint venture with Applied Digital (NASDAQ: APLD) to develop a planned 50 MW critical IT AI/HPC data center at Project Dorothy 3 near Silverton, Texas. Applied will hold 51% of the project company and provide development capital.”
How we checked this
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Additional evidence
confirms Soluna and Applied Digital to build 50 MW wind-powered AI data center in Texas - Yahoo Finance
Quote: “signed a definitive agreement on Wednesday to form a joint venture with Applied Digital (NASDAQ: APLD) to develop a planned 50 MW critical IT AI/HPC data center at Project Dorothy 3 near Silverton, Texas. Applied will hold 51% of the project company and provide development capital.”