Optional $675M funding for 300 MW expansion
Company: Applied Digital - Project: Ellendale
The claim, verbatim
Purchaser has right to invest additional $675 million to fund development of remaining 300 MW of ELN Campus following execution of leases within 15 months of Closing
Source (primary)
Applied Digital 8-K filed 2025-01-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Purchaser's right to invest an additional $675 million to fund the development of the remaining 300 MW of its ELN Campus following execution of leases approved by the Purchaser within 15 months of Closing”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital 8-K filed 2025-01-14
Quote: “The Purchaser's right to invest an additional $675 million to fund the development of the remaining 300 MW of its ELN Campus following execution of leases approved by the Purchaser within 15 months of Closing”