TheEnergyMag|Oct 07, 2026 20:45
Applied Digital APLD posts 322% revenue growth in Q1 FY2027 and signs a PPA for a 1,200 MW natural gas plant in North Dakota. ⚡️💻
Key takeaways from the quarter:
Total revenue hit $341.9M, and Adjusted EBITDA reached $64.4M.
Polaris Forge 1 is now at 250 MW live after delivering Phase 2 of Building 2.
Closed a $1.59B debt facility to fund the next 150 MW building.
Subsidiary ChronoScale is planning a 50 MW NVIDIA GB300 NVL72 deployment with Microsoft.
Secured up to 1 GW of potential power capacity in Finland.
Read our full analysis on the expansion of purpose-built AI factories: https://theenergymag.com/news/market-news/applied-digital-reports-fiscal-first-quarter-2027
@APLDdigital
#AppliedDigital #DataCenters #Infrastructure #Compute #AI #Energy
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