Ellendale 100 MW HPC facility under construction with late-stage hyperscaler lease discussions
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Applied Digital's first 100 MW HPC facility in Ellendale, North Dakota is under construction and the Company is in late-stage discussions with multiple hyperscalers to finalize a lease agreement
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Applied Digital is in late-stage discussions with multiple hyperscalers to finalize a lease agreement for its 100 MW facility, which is currently under construction.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states the company broke ground on its first 100 MW HPC facility in Ellendale, that it is under construction, and that late-stage lease talks with multiple hyperscalers are underway.
Confirmed in the source:
- Applied Digital's first 100 MW HPC facility is in Ellendale, North Dakota
- The 100 MW facility is currently under construction
- Applied Digital is in late-stage discussions with multiple hyperscalers to finalize a lease agreement for it
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/118/applied-digital-reports-fiscal-second-quarter-2025-results/) in full (35,851 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Applied Digital is in late-stage discussions with multiple hyperscalers to finalize a lease agreement for its 100 MW facility, which is currently under construction.”