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Base Electron Corp power generation investment

Company: Applied Digital

Subject kind
partnership
Statement date
2026-07-26
Promised amount
1200.0 MW
Current status
stated

The claim, verbatim

Applied Digital shareholders own approximately 10% of Base Electron Corp, an independent power producer developing approximately 1.2 GW of front-of-the-meter natural gas-fired generation in the Dakotas with Babcock & Wilcox, in collaboration with regional utilities

Source (primary)

applied-digital 8-K exhibit (apldq426earningsreleaseasf.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Applied Digital is working with Base Electron Corp., an independent power producer who has engaged Babcock & Wilcox to develop approximately 1.2 GW of front-of-the-meter natural gas-fired generation in the Dakotas, in collaboration with regional utilities. Applied Digital shareholders own approximately 10% of Base Electron Corp. through our investment in Base Electron.”

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 exhibit (apldq426earningsreleaseasf.htm)

Quote: “Applied Digital is working with Base Electron Corp., an independent power producer who has engaged Babcock & Wilcox to develop approximately 1.2 GW of front-of-the-meter natural gas-fired generation in the Dakotas, in collaboration with regional utilities. Applied Digital shareholders own approximately 10% of Base Electron Corp. through our investment in Base Electron.”

View cached copy (2026-09-02)Live source ↗