MDU Resources signs electric service agreement for Applied Digital AI factory

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MDU Resources announced that its Montana-Dakota Utilities subsidiary has entered into an electric service agreement with Applied Digital to provide power for the planned Polaris Forge 3 AI factory in North Dakota. The facility would require 430 megawatts of electricity at full capacity and is expected to expand Applied Digital's footprint in the state, where it is developing campuses for high-density artificial intelligence workloads. MDU already serves Applied Digital at the Polaris Forge 1 AI Factory, also in North Dakota.

Impact on stocks 2

Artificial Intelligence▲ · 1 stocks
Applied Digital Corporation
APLD
▲ PositiveDemandrelevance

Applied Digital secures power agreement for new AI factory, expanding its footprint for high-density AI workloads.

Energy Transition & Power Demand▲ · 1 stocks
MDU Resources Group Inc
MDU
▲ PositiveDemandrelevance

MDU Resources subsidiary signs electric service agreement to provide 430 MW for Applied Digital's new AI factory, increasing electricity demand.

Theme Impact 4

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