TerraForm Power energy supply agreement
Company: Applied Digital - Project: Garden City
The claim, verbatim
Entered into long-term Retail Electric Service Agreement with TerraForm Power to provide energy to 200 MW Garden City facility.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “The Company entered into a long-term Retail Electric Service Agreement with TerraForm Power to provide energy to the Company's 200 MW Garden City, Texas facility”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states the company entered into this agreement with TerraForm Power during the quarter ended November 30, 2023.
Confirmed in the source:
- Applied Digital entered into a long-term Retail Electric Service Agreement
- The counterparty is TerraForm Power
- The agreement provides energy to the 200 MW Garden City, Texas facility
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/81/applied-digital-reports-fiscal-second-quarter-2024-results/) in full (25,951 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “The Company entered into a long-term Retail Electric Service Agreement with TerraForm Power to provide energy to the Company's 200 MW Garden City, Texas facility”
confirms Earnings Release
Quote: “the Company entered into a long-term Retail Electric Service Agreement with TerraForm Power to provide energy to the Company's 200 MW Garden City, Texas facility”