tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Applied Digital hosts ribbon cutting for Ellendale, North Dakota facility

Applied Digital hosted its ribbon-cutting ceremony for the energizing of its newest 180-megawatt facility in Ellendale, North Dakota on Friday, June 16, 2023. The Company originally broke ground on the facility on September 8, 2022, and began operations on the new facility on March 7, 2023, only six months after the initial groundbreaking. Leadership from Applied Digital and Ellendale facility officers were joined by local congressional, state, and local representatives from North Dakota to support the milestone opening of the new facility. The addition of the latest facility will bring Applied to 280MW of total hosting power across its facilities in North Dakota. These facilities are contracted out to customers on long-term agreements, solidifying their commitment over multiple years. With the Company’s recent unanimous Electric Service Agreement approval from the North Dakota Public Service Commission to provide power to its newest datacenter, this marked the final step in the regulatory process.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on APLD:

Disclaimer & DisclosureReport an Issue

1