Montana-Dakota Utilities Announces Electric Service Agreement with Applied Digital for Proposed AI Factory
Montana-Dakota Utilities, a subsidiary of MDU Resources, entered into an electric service agreement with Applied Digital to power Polaris Forge 3, a proposed 430MW AI Factory in North Dakota. The facility is backed by a previously announced 15-year lease with a U.S. hyperscaler, with initial operations anticipated to commence in August 2027.
Key figures
- Start date
- August 2027
- Capacity mw
- 430
- Lease term years
- 15
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.