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HPC Ellendale Datacenter Construction and Operational Timeline

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2024-06-16
Promised amount
100.0 MW
Current status
stated

The claim, verbatim

Commenced construction of 100 MW HPC datacenter in Ellendale, North Dakota in 2023, plan to continue in 2024, expect to become operational in early calendar year 2025

Source (primary)

Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
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Quote: “In 2023, we commenced the construction of our first 100 MW HPC datacenter in Ellendale, North Dakota (the "HPC Ellendale Facility"). We plan to continue building this datacenter in 2024... We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected sometime in the early calendar year 2025.”

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 424B5 filed 2024-06-17

Quote: “In 2023, we commenced the construction of our first 100 MW HPC datacenter in Ellendale, North Dakota (the "HPC Ellendale Facility"). We plan to continue building this datacenter in 2024... We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected sometime in the early calendar year 2025.”

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