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Lease agreement with U.S.-based hyperscaler for 100 MW facility

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
customer
Statement date
2026-09-01
Current status
stated

The claim, verbatim

The company is finalizing a lease agreement with a U.S.-based hyperscaler for its 100 MW HPC facility currently under construction in Ellendale, North Dakota.

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “We are finalizing a lease agreement with a U.S.-based hyperscaler for our 100 MW facility currently under construction.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Earnings Release

Quote: “We are finalizing a lease agreement with a U.S.-based hyperscaler for our 100 MW facility currently under construction.”

View cached copy (2026-09-01)Live source ↗Archive.org ↗