Base Electron natural gas generation partnership
Company: Applied Digital
The claim, verbatim
Through partnership with Base Electron Corporation, an independent power producer, pursuing development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas.
Source (primary)
View 10-K (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “through our partnership with Base Electron Corporation ("Base Electron"), an independent power producer, we are pursuing the development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas, which we expect to unlock additional power capacity for our development pipeline.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 10-K describes the Base Electron partnership, identifies Base Electron as an independent power producer, and describes the 1.2 GW gas-fired generation plan in the Dakotas.
Confirmed in the source:
- Applied Digital has a partnership with Base Electron Corporation
- Base Electron is an independent power producer
- Through the partnership, Applied Digital is pursuing development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000048/0001144879-26-000048.pdf) in full (630,756 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K
Quote: “through our partnership with Base Electron Corporation ("Base Electron"), an independent power producer, we are pursuing the development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas, which we expect to unlock additional power capacity for our development pipeline.”