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Polaris Forge 2 - initial 200 MW capacity timeline

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
facility timeline
Statement date
2025-10-09
Promised by
2027-12-31
Promised amount
200.0 MW
Current status
stated

The claim, verbatim

Initial 200 MW at Polaris Forge 2 expected to begin to come online in 2026 and reach full capacity in 2027

Source (primary)

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

Quote: “The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027, with the campus designed for future expansion.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The release gives both timeline expectations for the initial 200 MW at Polaris Forge 2.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/131/applied-digital-reports-fiscal-first-quarter-2026-results/) in full (34,764 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027, with the campus designed for future expansion.”

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

confirms Earnings Release

Quote: “Broke ground on Polaris Forge 2. The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027”

View cached copy (2026-09-29)Live source ↗

confirms Earnings Release

Quote: “Broke ground on Polaris Forge 2. The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “Broke ground on Polaris Forge 2. The initial 200 MW is expected to begin to come online in 2026 and reach full capacity in 2027”

View cached copy (2026-10-08)Live source ↗Archive.org ↗