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← Applied Digital Corporation · Sites

Polaris Forge 1

ActiveUnder construction

Ellendale, ND · USA

ColocationOwnedEncumbered — pledged as collateral
Polaris Forge 1 — Nov 2, 2026Nov 2, 2026
Active (IT load)250 MW
In build (IT load, excl. active)150 MW
Theoretical (gross)400 MWIT

Deals · CoreWeave - 08/2025 (150 MW IT) · CoreWeave - 06/2025 (250 MW IT)

Blocks (3)*

BlockDealCurrent / targetdelivered shareStatusSchedule**CoolingMiscEst. Capacity - EoY 2028IT loadEst. Capacity - EoY 2030IT load
PF1-2CoreWeave - 08/2025— / 150 MW IT
Contracted
Delivery end · Jun 30, 2027
————
PF1-1CoreWeave - 06/2025100 / 100 MW IT (100%)
ContractedDelivered
Delivered · Dec 31, 2025actual
————
PF1-3CoreWeave - 06/2025150 / 150 MW IT (100%)
ContractedDelivered
Delivery start · Jul 1, 2026Delivered · Oct 2, 2026actual
————
Total250 / 400 MW IT (63%)325 / 520*** MW gross (63%)

Financings (2)

*Blocks follow a site's build-out over time; an expansion is a new block. A deal can span several blocks — picking a deal in the form prefills its remaining contracted capacity, net of what its other blocks already target. Power figures are recorded on the basis the source reported, IT load and/or gross.

**A block's capacity is taken to come online at its delivery end date (the actual date when one is recorded, otherwise the target); failing that at its delivery start date; failing that one year after its energization target. That resolved date is what the capacity estimates on the Sites & Capacity tab use.

*** Converted from the other basis with the PUE common metric (currently 1.3), because the blocks do not all state this one.