Base Electron agreement financial-close condition
Company: Applied Digital - Project: Base Electron North Dakota Gas Plant
The claim, verbatim
The Base Electron power agreement may be terminated if the planned North Dakota natural gas facility does not 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 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 that the agreement may be terminated if the planned North Dakota facility misses financial close by March 31, 2027.
Confirmed in the source:
- The Base Electron power agreement relates to a planned natural gas facility in North Dakota
- 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 agreement may be terminated if the facility fails to achieve financial close by March 31, 2027”