Base Electron power generation partnership
Company: Applied Digital
The claim, verbatim
Partnership with Base Electron Corporation pursuing development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in Dakotas to unlock additional power capacity
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”
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, the roughly 1.2 GW gas-fired generation in the Dakotas, and its expected role in unlocking more power capacity.
Confirmed in the source:
- Applied Digital has a partnership with Base Electron Corporation
- Through that partnership it is pursuing development of approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas
- Applied Digital expects this generation to unlock additional power capacity for its development pipeline
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”