Base Electron 15-year power agreement
Company: Applied Digital - Project: Base Electron North Dakota Gas Plant
The claim, verbatim
Applied Digital signed a 15-year agreement with Base Electron for power from a planned 1,200-MW natural gas facility in North Dakota, with deliveries expected to begin in 2030; the agreement may be terminated if the facility fails to achieve financial close by March 31, 2027.
Source (primary)
Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Yahoo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “The company signed a 15-year agreement with Base Electron for power from a planned 1,200-MW natural gas facility in North Dakota, with deliveries expected to begin in 2030. However, the agreement may be terminated if the facility fails to achieve financial close by March 31, 2027”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the counterparty, term, facility size and location, expected delivery start, and termination condition as claimed.
Confirmed in the source:
- Applied Digital signed a 15-year agreement with Base Electron
- The agreement covers power from a planned 1,200-MW natural gas facility in North Dakota
- Deliveries are expected to begin in 2030
- The agreement may be terminated if the facility fails to achieve financial close by March 31, 2027
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-slides-37-ytd-152000407.html) in full (14,371 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Yahoo Finance
Quote: “The company signed a 15-year agreement with Base Electron for power from a planned 1,200-MW natural gas facility in North Dakota, with deliveries expected to begin in 2030. However, the agreement may be terminated if the facility fails to achieve financial close by March 31, 2027”