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Base Electron 15-year power agreement (1,200 MW ND gas plant)

Company: Applied Digital - Project: Base Electron North Dakota Gas Plant

Subject kind
partnership
Statement date
2026-11-09
Promised by
2030-12-31
Promised amount
1200.0 MW
Current status
stated

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.

Source (primary)

Applied Digital Slides 37% YTD: Time to Exit or Hold the Stock? - Zacks Investment Research (-, 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.”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The Zacks article states the agreement's counterparty, 15-year term, facility size, fuel type, location and expected 2030 start of deliveries.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.zacks.com/stock/news/3026563/applied-digital-slides-37-ytd-time-to-exit-or-hold-the-stock) in full (17,860 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? - Zacks Investment Research

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.”

View cached copy (2026-11-10)Live source ↗Archive.org ↗