Power agreement with North Dakota gas-fired facility
Company: Applied Digital
The claim, verbatim
Applied Digital has a power acquisition agreement tied to a large gas-fired facility in North Dakota, in which it also holds a modest equity interest.
Source (primary)
Can Applied Digital (NASDAQ:APLD) Ride Data Center Demand To Fresh Records? - Kalkine Media (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “a power acquisition agreement tied to a large gas-fired facility in North Dakota, in which Applied Digital also keeps a modest equity interest”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article states both the power agreement and the modest equity interest.
Confirmed in the source:
- Applied Digital has a power acquisition agreement tied to a large gas-fired facility in North Dakota
- Applied Digital holds a modest equity interest in that facility
What we did: Read our cached copy of the publisher (https://kalkinemedia.com/us/stocks/artificial-intelligence/can-applied-digital-nasdaqapld-ride-data-center-demand-to-fresh-records) in full (23,068 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Can Applied Digital (NASDAQ:APLD) Ride Data Center Demand To Fresh Records? - Kalkine Media
Quote: “a power acquisition agreement tied to a large gas-fired facility in North Dakota, in which Applied Digital also keeps a modest equity interest”