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150 MW AI Factory construction at Polaris Forge 1, Ellendale, North Dakota (ELN-04)

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility capacity
Statement date
2026-06-08
Promised amount
150.0 MW
Current status
stated

The claim, verbatim

Net proceeds from the offering will fund construction of 150 megawatts of critical IT load (ELN-04) at Polaris Forge 1, Applied Digital's AI Factory campus at Ellendale, North Dakota

Source (primary)

Applied Digital 8-K filed 2026-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗

Quote: “fund the construction and associated expenses of 150 megawatts of critical IT load ("ELN-04") at Polaris Forge 1, Applied Digital's AI Factory campus at Ellendale, North Dakota”

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 2026-06-09

Quote: “fund the construction and associated expenses of 150 megawatts of critical IT load ("ELN-04") at Polaris Forge 1, Applied Digital's AI Factory campus at Ellendale, North Dakota”

View cached copy (2026-08-30)Live source ↗