Jamestown facility 5-year power agreement with utility
Company: Applied Digital - Project: Jamestown
The claim, verbatim
The Jamestown facility is powered through a five-year energy services agreement with a local utility with negotiated stable pricing
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “the facility is powered through a five-year energy services agreement with a local utility, providing visibility into the cost structure as a stable pricing mechanism for energy costs has been negotiated.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release describes a five-year energy services agreement with a local utility that includes a negotiated stable pricing mechanism.
Confirmed in the source:
- The Jamestown facility is powered through a five-year energy services agreement with a local utility
- A stable pricing mechanism for energy costs has been negotiated under that agreement
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/37/applied-blockchain-reports-fiscal-fourth-quarter-and-full/) in full (21,726 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “the facility is powered through a five-year energy services agreement with a local utility, providing visibility into the cost structure as a stable pricing mechanism for energy costs has been negotiated.”