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Base Electron Corp natural gas generation development - 1.2 GW

Company: Applied Digital

Subject kind
partnership
Statement date
2026-09-01
Promised amount
1.2 GW
Current status
stated

The claim, verbatim

Working with Base Electron Corp. (independent power producer) to develop approximately 1.2 GW front-of-the-meter natural gas-fired generation in Dakotas with Babcock & Wilcox in collaboration with regional utilities. Applied Digital shareholders own approximately 10% of Base Electron.

Source (primary)

EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
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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 EX-99.1

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 (2026-09-01)Live source ↗