Base Electron power generation partnership
Company: Applied Digital
The claim, verbatim
Partnership with Base Electron Corporation, independent power producer, pursuing development of approximately 1.2 GW of front-of-the-meter natural gas-fired generation in the Dakotas to unlock additional power capacity
Source (primary)
Applied Digital 10-K filed 2026-07-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
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 September 13, 2026. The cited source supports every part of this claim.
The 10-K describes the Base Electron partnership, the 1.2 GW gas-fired generation target in the Dakotas, and its expected purpose.
Confirmed in the source:
- Applied Digital has a partnership with Base Electron Corporation
- Base Electron is an independent power producer
- The partnership is pursuing approximately 1.2 GW of front-of-the-meter, natural gas-fired generation in the Dakotas
- The generation is expected to unlock additional power capacity for the development pipeline
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487926000048/apld-20260531.htm) in full (594,188 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 10-K filed 2026-07-29
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”