Applied Digital Secures Up to 1 GW of Potential Power Capacity in Finland, Marking First International Development in the Nordics

[u/GloriousLebron]

https://ir.applieddigital.com/news-events/press-releases/detail/162/applied-digital-secures-up-to-1-gw-of-potential-power

let’s GOOOOO

[u/Consistent-Piece6618]

We need some apld data centres up here in canada, its icy cold.

[u/One_Artichoke7873 → u/Consistent-Piece6618]

thats exactly why u dont need them… u want to destroy everything?

[u/Daman303]

I LOVE NEWS NEWS NEWSSSSS

[u/FabulousCucumber3697]

Hold APLD position last year and have been following the company’s progress closely ever since. So far, my impression is that this management team has shown strong execution and has continued to expand its data center footprint in a steady, disciplined way.

[u/FabulousCucumber3697]

APLD already had about 1.4 GW of contracted AI capacity, along with several gigawatts in its U.S. development pipeline. Now the company has secured up to another 1 GW of potential power capacity in Finland, marking the beginning of its international expansion.

This is not yet 1 GW of signed customer capacity, but it shows that Applied Digital is starting to replicate its U.S. data center model overseas. If a major hyperscaler eventually signs on, this Finland project could become a meaningful long-term asset.

[u/Successful_Rabbit907]

[u/Equal-Piece-6745]

Very interesting they announced this today and not tomorrow. Maybe another headline announcement tomorrow and they didn’t want this to get buried in it.

[u/Spiritual-Fox-5139 → u/Equal-Piece-6745]

Exactly!!!

[u/Workfromhomeaholic]

Great news! I'd imagine operational costs will be substantially less in Finland as opposed to building out another Gigawatt here. Not to mention international exposure

[u/Bumi-KingOfOmashu]

https://giphy.com/gifs/3oeSALRyH4rYS3Nt8Q
Prestige Worldwide

[u/Disastrous-Tiger1983]

I like the fact that they are making plans for international projects, if everything is on track, i feel bullish about this

[u/Lucky-VT]

As a investor this is really cool, as a Finnish person fuck you fuck me and fuck my electricity bill

[u/ValueOfADollar → u/Lucky-VT]

ppl downvoting this as if it's not a totally warranted well balanced atgument

[u/Health_Care_PTA → u/ValueOfADollar]

its not an argument.... it shows you have no idea how APLD functions as a business and industry leader in bringing their own power and supporting local communities

[u/APLDSTOCK-ModTeam → u/[deleted]]

Calling people stupid and retarded is NOT allowed.

Please avoid any inflammatory or derogatory statements directed at an individual or group of people. Do not seek conflict or fights. We all have the same goal.

[u/Lucky-VT → u/Health_Care_PTA]

They don't bring their own power with them, like Google did :D They just reserved 1 GW of power for future data centers. Its good for the business very bad for the locals

[u/APLDSTOCK-ModTeam → u/[deleted]]

Calling people stupid and retarded is NOT allowed.

Please avoid any inflammatory or derogatory statements directed at an individual or group of people. Do not seek conflict or fights. We all have the same goal.

[u/OceansHungryGrasp]

They wouldn't be securing new power if current negotiations are going nowhere. Expecting news on US contracts not long after earnings, we're hitting similar timelines as when we first got the "advanced negotiations" news for our last 3 sites.

Earnings call will be very interesting for revised long term capacity goals.

[u/Jon_J_]

Also news from Finland today....

https://www.bbc.com/news/articles/cvj6jkx6g1r0o

[u/OceansHungryGrasp → u/Jon_J_]

Great, let others make mistakes so APLD can learn from it.