Hyperscaler capacity leases 400 MW Ellendale
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Applied Digital in negotiations with multiple US-based hyperscalers to lease up to 400 MW of capacity, inclusive of Ellendale HPC data center under construction and two forthcoming buildings
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Applied Digital continues negotiations with multiple US-based hyperscalers to lease up to 400 MW of capacity, inclusive of the Ellendale HPC data center under construction and two forthcoming buildings at the Ellendale Campus.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states that Applied Digital continues negotiating with multiple US-based hyperscalers to lease up to 400 MW, including the Ellendale building under construction and two forthcoming buildings.
Confirmed in the source:
- Applied Digital is in continuing negotiations with multiple US-based hyperscalers
- The negotiations concern leasing up to 400 MW of capacity
- The 400 MW includes the Ellendale HPC data center under construction and two forthcoming buildings at the Ellendale Campus
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/121/applied-digital-reports-fiscal-third-quarter-2025-results/) in full (33,113 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Applied Digital continues negotiations with multiple US-based hyperscalers to lease up to 400 MW of capacity, inclusive of the Ellendale HPC data center under construction and two forthcoming buildings at the Ellendale Campus.”