Applied Digital Polaris Forge 2
AI dedicatedOperated by Applied Digital · Harwood, ND, US1 srcupdated 5d ago
Applied Digital's second AI Factory campus, at Harwood, North Dakota. During the quarter ended 31 May 2026 the company completed a $2.15 billion private offering of 6.750% senior secured notes due 2031 through subsidiary APLD ComputeCo 2 LLC to fund development of 200 MW of critical IT load at the campus. Applied Digital's fiscal Q4 2026 results place Polaris Forge 2 in construction.
Compared to peers
Compared with 166 peer facilities in US.
- Capacity (MW)
- 2005×+ above median
- median 26 · p95 1,800
- Supplier coverage
- 0no peers
- median 0 · p75 0
- Announce → online lag
- in progress
- no completions yet
Bands describe deviation from peer median; not a judgment.
Ownership chain (Applied Digital)
No ownership chain tracked yet for this entity. Investigators can add parent companies via the ownership_edge table or community findings.
Public subsidies & incentives
No subsidies, tax abatements, or public incentives recorded for this facility yet.
Permits
No permits tracked for this facility yet. Public records (county permits, environmental filings, grid interconnect filings) can be sourced via community findings.
Timeline
- Announced
- —
- Groundbreak
- —
- Online
- —
- Full capacity
- —
Power
- Primary source
- grid-mixed
- Utility
- —
- PUE pledged
- —
Suppliers (0)
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Sources (1)
Community findings (0)
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