51% JV with Soluna for 50 MW wind AI/HPC data center, closing by year-end
Company: Applied Digital
The claim, verbatim
Applied Digital will fund and hold 51% of a joint Project Company to develop a 50 MW wind-powered AI/HPC data center at Soluna's Dorothy 3 site, with closing expected by year-end pending approvals.
Source (primary)
Weekly Recap: APLD $36B backlog, EU power and AI rev +368%, interest +866% - TradingView (-, news_article)
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Quote: “will fund and hold 51% of a joint Project Company to develop a 50 MW wind-powered AI/HPC data center at Soluna’s Dorothy 3 site; closing expected by year-end pending approvals”
How we checked this
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Additional evidence
confirms Weekly Recap: APLD $36B backlog, EU power and AI rev +368%, interest +866% - TradingView
Quote: “will fund and hold 51% of a joint Project Company to develop a 50 MW wind-powered AI/HPC data center at Soluna’s Dorothy 3 site; closing expected by year-end pending approvals”