CoreWeave Lease Polaris Forge 1 ELN-04 and Total Contract
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Third data center lease with CoreWeave for additional 150 MW at Polaris Forge 1, bringing total CoreWeave capacity under contract to 400 MW
Source (primary)
Applied Digital S-3 filed 2025-12-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On August 28, 2025, APLD ELN-02 C LLC, our subsidiary, entered into a third data center lease with CoreWeave to deliver an additional 150 MW at Polaris Forge 1, bringing the total capacity under contract at Polaris Forge 1 to 400 MW.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The document states the third CoreWeave lease adds 150 MW and brings total contracted Polaris Forge 1 capacity, described elsewhere as capacity leased by CoreWeave, to 400 MW.
Confirmed in the source:
- On August 28, 2025, subsidiary APLD ELN-02 C LLC entered a third data center lease with CoreWeave
- The third lease covers an additional 150 MW at Polaris Forge 1
- Total capacity leased by CoreWeave at Polaris Forge 1 reaches 400 MW
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225026369/forms-3.htm) in full (89,712 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-3 filed 2025-12-05
Quote: “On August 28, 2025, APLD ELN-02 C LLC, our subsidiary, entered into a third data center lease with CoreWeave to deliver an additional 150 MW at Polaris Forge 1, bringing the total capacity under contract at Polaris Forge 1 to 400 MW.”