Amended and Restated Electric Service Agreement
Company: Applied Digital
The claim, verbatim
The company has a contractual ceiling for energy costs through an Amended and Restated Electric Service Agreement with a utility in the upper Midwest, providing low cost of power and enabling launch of hosting business with long-term customer contracts
Source (primary)
Applied Digital 10-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We have a contractual ceiling for our energy costs through our Amended and Restated Electric Service Agreement, entered into in September 2023 with a utility in the upper Midwest”
How we checked this
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Additional evidence
confirms Applied Digital 10-K filed 2024-08-30
Quote: “We have a contractual ceiling for our energy costs through our Amended and Restated Electric Service Agreement, entered into in September 2023 with a utility in the upper Midwest”